JK Tyres to up exports with Mexico plant
Chennai: Tire giant JK Tires, which has started using Indian brands for the first time by some New York cabbies in an effort to boost sales in the automotive market, is looking to expand its export business using its Mexican plant. The tire market leader has been pushing aftermarket sales and exports to make up for the downturn in the domestic auto market, company executives said.
JK Tyres President Arun Kumar Bajoria “Our export focus has helped us grow our business, with exports growing 23% in fiscal 2013-14.” 20%. The Mexican branch is also entering the JK New York cab market for the first time. “We already have Nissan and Volkswagen as OEMs for our Mexican operations As a result, for the first time, Nissan Taxi New York started using JK tires made in Mexico,” Bajoria says. “Last fiscal year, we added five new export markets. We operate in more than 100 markets. “Improved exports, increased share of aftermarket sales, and lower raw material ...