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via thehindubusinessline.comBusiness & Companies

JK Tyre bets ₹6,110 crore on premium, smart and EV tyres

FROM THE WIRE · THEHINDUBUSINESSLINE.COM

JK Tyre & Industries is betting ₹6,110 crore on a transformation driven by premium tyres, embedded sensor technology, and electric mobility, aiming to lift profitability even as rising raw-material costs squeeze margins.

Read at the source ↗
MARKET IMPACTNEUTRAL✦ News Impact agent estimateTone: neutralA sizeable investment plan for India's tyre sector, though margin effects remain uncertain.AI-generated summary
✦ IN BRIEF · AIAI-generated summary
  1. 01JK Tyre & Industries is investing ₹6,110 crore in a transformation toward premium and smart tyres.
  2. 02The plan includes embedded sensor technology and electric mobility.
  3. 03The aim is to lift profitability despite rising raw-material costs.

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