JK Tyres to up exports with Mexico plant.

Tyre major JK Tyres is focusing on expanding its export footprint using its plant in Mexico to drive volumes in the car segment as part of which some New York cabbies are have now started using the Indian brand for the first time. The tyre market leader has been pushing after-market sales and exports in an effort to make up for the slowdown in the domestic car market, said top company officials.

'Our export focus has helped us to grow our exports 23% in financial year 2013-14,' said Arun Kumar Bajoria, president, JK Tyres. 'Including our JK Tornel Mexico exports, our consolidated exports are worth Rs 1605 crore in the just ended fiscal, up 20%.' The Mexico arm has also landed JK it's first presence in the New York cabbie market. 'We have added Nissan and Volkswagen as OEM clients from our Mexican operations as a result of which New York Nissan cabs have started using made in Mexico JK tyres for the first time,' said Bajoria. 'We have added five new export markets last fiscal and we now have a presence in over 100 markets,' he added.


THE TIMES OF INDIA