JK Tyre Inaugurate Phase III Expansion Of Banmore Plant (Press Release) | V3Cars

Here’s what JK Tyre have to say about the Phase III expansion of their Banmore plant:

Indian tyre industry major and a market leader in the radial tyre segment, JK Tyre & Industries Ltd., today inaugurated Phase III of capacity expansion and modernisation at its state-of-the-art Passenger Car Radial (PCR) manufacturing facility at Banmore, Madhya Pradesh.

The new modern manufacturing facility was inaugurated by Mr. Hisashi Takeuchi, Managing Director & CEO, Maruti Suzuki India Limited, India’s leading automotive manufacturer, in the presence of Dr. Raghupati Singhania, Chairman & Managing Director, and Mr. Anshuman Singhania, Managing Director, JK Tyre, along with other members of the leadership team of Maruti Suzuki India Limited (MSIL).

With the commissioning of Phase III, as part of JK Tyre’s multi-phase investment strategy of over ₹1,000 crore at the Banmore facility, the plant’s production capacity has increased to 30,000 passenger car radial tyres per day, translating to approximately 10.5 million tyres annually. This milestone underscores the company’s long-term commitment to domestic manufacturing and India’s growing passenger vehicle ecosystem.

Speaking on the occasion, Dr. Raghupati Singhania, Chairman & Managing Director, JK Tyre & Industries Ltd., said,

 

“The inauguration of Phase III expansion by Mr. Hisashi Takeuchi San at our Banmore plant reflects JK Tyre’s unwavering commitment to strengthening India’s manufacturing ecosystem and supporting the country’s mobility growth story. As passenger vehicle demand continues to rise, our focus remains on incessant capacity enhancement, modernisation, and technology-led innovation. Banmore has been a cornerstone of our passenger car radial journey, and this expansion further reinforces our ability to serve OEMs and consumers with high-quality, sustainable, and future-ready products, while contributing to industrial growth and employment generation in Madhya Pradesh.”

The company’s Banmore plant continues to play a vital role in regional industrial development, supporting direct and indirect employment and contributing to local economic growth. The facility operates with a strong focus on sustainability, adopting energy-efficient processes and responsible manufacturing practices aligned with JK Tyre’s broader environmental and social commitments. Over the years, the Banmore plant has also made meaningful contributions to community development in the region, including initiatives in healthcare, adult literacy, livelihood enhancement, rural development, and the promotion of local sports, positively impacting the lives of communities in and around the area.

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