Home / Business and Economy / JK Tyre Unveils Smart Tires, Plans $700M Expansion Amid US Tariff Woes
JK Tyre Unveils Smart Tires, Plans $700M Expansion Amid US Tariff Woes
10 Nov
Summary
- JK Tyre to invest $700M over 5-6 years to expand production
- Launching India's first embedded smart tires for passenger vehicles
- Diverting exports from India to other markets due to high US tariffs
In November 2025, Indian tire manufacturer JK Tyre is gearing up for a major expansion. The company plans to invest an additional $700 million over the next 5-6 years to enhance its production capacity for both car and truck tires.
This investment comes as JK Tyre recently launched India's first embedded smart tires for passenger vehicles. The new technology continuously monitors critical tire parameters like pressure, temperature, and air leaks, providing real-time insights to improve vehicle safety, performance, and efficiency.
Alongside the domestic push, JK Tyre is also focusing on expanding its export footprint. Currently, exports account for around 14% of the company's overall revenue, with tires shipped to over 110 markets globally. However, high tariffs in the US have impacted the company's business there. In response, JK Tyre has diverted exports from India to other countries to meet global demand.
"We have diverted our exports from India to other markets...there is a demand and we are diverting shipments to other countries," said Chairman and Managing Director Raghupati Singhania. The company is also increasing exports from its plant in Mexico to the US.
Looking ahead, JK Tyre remains optimistic about the domestic market, expecting the industry to grow 5-7% this year, with the company performing slightly better. The revival of small car sales and the impact of GST 2.0 are expected to drive this growth.
