JK Tyre, India sets capex of INR 7.9 billion for the next two years

In an investor update, JK Tyre & Industries Limited announced that their capex plan is already in progress. It has allocated INR 5.3 billion for expansion in the PCR (passenger radial) segment, which is expected to commence in Q4, FY 2024. Additionally, it has allocated INR 2.6 billion for the expansion of the TBR (t....

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