JK Tyre has inaugurated Phase III of capacity expansion and modernisation at its Passenger Car Radial (PCR) manufacturing facility in Banmore, Madhya Pradesh, strengthening its position in India’s radial tyre segment. The expansion is part of a multi-phase investment of over Rs 10 billion, aimed at building a state-of-the-art hub for high-performance PCR tyre manufacturing.The new facility was inaugurated by Hisashi Takeuchi, Managing Director and CEO, Maruti Suzuki India, in the presence of Raghupati Singhania, Chairman and Managing Director, and Anshuman Singhania, Managing Director, JK Tyre, along with the leadership team from Maruti Suzuki India.With Phase III commissioned, the Banmore plant’s production capacity has increased to 30,000 passenger car radial tyres per day, translating to around 10.5 million tyres annually. This expansion contributes to boosting JK Tyre’s total passenger car radial tyre capacity in India to 16 million tyres per year, supporting demand from the aftermarket, OEMs and global markets.Commenting on the development, Raghupati Singhania said, “The inauguration of Phase III expansion by Mr Hisashi Takeuchi San at our Banmore plant reflects JK Tyre’s unwavering commitment to strengthening India’s manufacturing ecosystem and supporting the country’s mobility growth story. As passenger vehicle demand continues to rise, our focus remains on incessant capacity enhancement, modernisation, and technology-led innovation. Banmore has been a cornerstone of our passenger car radial journey, and this expansion further reinforces our ability to serve OEMs and consumers with high-quality, sustainable, and future-ready products, while contributing to industrial growth and employment generation in Madhya Pradesh.”The Banmore facility continues to play a key role in regional industrial development, supporting employment and local economic growth. It operates with a strong focus on sustainability, adopting energy-efficient processes and responsible manufacturing practices, alongside community initiatives in healthcare, education, livelihood enhancement and rural development.