JK Tyre expected to grow about 10-12% next year: Raghupati Singhania

JK Tyre Chairman & MD says that SUVs account for 38- 50% of car industry production or sales now . JK Tyre is present in most of these ranges but is going to introduce new technology to cater to bigger sizes. Singhania notes that the two-wheeler EV market is already using their products and they are investing in technology to keep up with demand. JK Tyre is expected to grow about 10-12% next year, in line with the industry’s expected growth rate of nearly 10% plus.