JK Tyre completes Kesoram tyre plant acquisition
JK Tyre & Industries Ltd. (JK Tyre) and JK Asia Pacific (S) Pte Limited, a wholly owned subsidiary of JK Tyre, have completed the acquisition of Cavendish Industries Ltd. (CIL), which houses three tyre business undertakings of Birla Tyres. The plants are located at Laksar (Haridwar) and are capable of manufacturing tyres, tubes and flaps. JK Tyre would now have[Read More…]