JK Tyres lines up Rs 4,900 crore capex plan till FY30

JK Tyre plans a massive 4,900 crore investment by FY30 to expand its production capacity. This significant outlay signals strong confidence in future demand across vehicle segments. The company is already undertaking a 1,130 crore expansion. This strategic move aims to increase capacity by nearly a fourth, with a focus on passenger car radial tyres.