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Apollo JK - Kirti
Apollo JK - Kirti
Apollo Tyres
JK tyres
R&D Centre. HASETRI (Hari Shankar Singhania Elastomer and Tyre Research Institute.
Apollo Tyres plans to invest Rs 2,000 crore in the next three years to increase its production capacity both in the country and abroad The firm, which plans a greenfield facility in Hungary, is also setting up a plant in Chennai, while increasing the capacity at its Vadodara plant.
JK Tyre & Industries Ltd (JKTI) in May 2007 was looking to investing between Rs 500 crore to Rs 600 crore
JK Tyres is scouting for suitable land for a greenfield project to manufacture passenger car radial tyres(aim:3.68 lakh tyres to 8 lakh tyres)
Increase its truck-bus radial tyres manufacturing capacity at Vadodara: 300 tyres a day to about 1,100 tyres a day by the middle of next year.
JK Tyre and Industries has acquired 100 per cent shares of Tornel, the Mexican Tyre company, along with its subsidiaries, for Rs 270 crore
Post-acquisition, collective capacity of JK Tyre has risen to 940 tonne per day from 650 tonne earlier. This makes JK Tyre, India's largest four wheeler tyre company. The takeover of Tornel. Tripartite agreement with BEML for OTR tyre productions.
The Vadodara plant would also manufacture off-the-road tyres for which the firm has entered in to a tripartite pact with construction equipment maker BEML and Coal India 7/10
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3 Comparison between JK tyres and Apollo tyres 4/13/2012
JK Tyres
The company is commited to environment protection and
Appearance
Durability Traction Ride quality Handling
5 Comparison between JK tyres and Apollo tyres 4/13/2012
Key findings:
Nearly one in five new-vehicle owners reports having a
problem with their tires. most frequently cited reason is puncture damage..
When purchasing new tires, tire brand name is the most important consideration among owners, followed by selfsealing tires. At the factor level, owners report the highest levels of satisfaction with tire appearance and ride quality at highway speeds.
Results
With an overall CSI score of 836 on a 1,000-point scale, MRF ranks highest Apollo follows MRF in the rankings with 816 points. Developing economy shift from crossply to radial tyres