JK to expand double capacity for OTR;invest Eur200million

摘要

NEW DELHI,INDIA -JK Tyre has announced it will invest a total of Rs 11 000 million (Euro200 million] in the next three years - Rs 1200 million specifically going towards doubling capacity for off-the-road (OTR) tyres by 2010.JK,whose current capacity for OTR tyres is 25 000 per annum,said in a 24 July statement that funding for the investment would be raised through debt and cashflow.