JK Tyre shares in focus as co gets loan of EUR 30 million for expansion of production capacities

JK Tyre Industries secured a EUR 30 million loan from DEG to expand its production capacity in Madhya Pradesh. The investment will support sustainable practices, including using biomass for boiler operations, aligning with JK Tyre's commitment to reducing carbon intensity. This move strengthens JK Tyre's position in the Passenger Car Radial tyre segment.