Archive · 14 Jan 2026
JK Tyre Expands Banmore Plant Capacity
JK Tyre, a big company that makes tyres, opened a new part of their factory in Banmore, Madhya Pradesh.
This new part makes 30,000 tyres every day, which is a lot!
The factory can now make about 10.5 million tyres every year.
A important person from Maruti Suzuki, a car company, helped open the new part.
The boss of JK Tyre said they are doing this to make more tyres because more people are buying cars.
They also want to make better tyres and help the local area grow.
JK Tyre inaugurated Phase III expansion of its Banmore plant, increasing daily production capacity to 30,000 passenger car radial tyres.
The expansion is part of a multi-phase investment strategy of over ₹1,000 crore at the Banmore facility.
The new facility was inaugurated by Hisashi Takeuchi, Managing Director & CEO of Maruti Suzuki India Ltd.
Raghupati Singhania, Chairman & Managing Director of JK Tyre, emphasized the company's focus on capacity enhancement and technology-led innovation.
The expansion aims to serve OEMs and consumers with high-quality, sustainable, and future-ready products, contributing to industrial growth and employment in Madhya Pradesh.
- Who
- JK Tyre & Industries Ltd
- What
- Inaugurated Phase III expansion of Banmore plant for passenger car radial tyres
- When
- January 14, 2026
- Where
- Banmore, Madhya Pradesh
- Why
- To increase production capacity and meet growing passenger vehicle demand
- Company
- JK Tyre & Industries Ltd
- Location
- Banmore, Madhya Pradesh
- Investment
- ₹1,000 crore
- Daily Capacity
- 30,000 tyres
- Annual Capacity
- 10.5 million tyres
- Inaugurated By
- Hisashi Takeuchi, Managing Director & CEO, Maruti Suzuki India Ltd
- Key Figures
- Raghupati Singhania, Chairman & Managing Director, JK Tyre & Industries Ltd; Anshuman Singhania, Managing Director, JK Tyre