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Cautiously optimistic of reaching pre-Covid sales by Dec-end: JK Tyre CMD

About Covid-19, Raghupati Singhania says it has caused the company to defer its expansion plans

Raghupati Singhania, JK Tyre & Industries Chairman and Managing Director
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Raghupati Singhania, JK Tyre & Industries Chairman and Managing Director

T E Narasimhan
The government recently imposed curbs on the import of certain new pneumatic tyres. JK Tyre & Industries Chairman and Managing Director Raghupati Singhania tells T E Narasimhan that the decision will help promote domestic manufacturing. About Covid-19, he says it has caused the company to defer its expansion plans. Edited excerpts:

How has Covid-19 impacted the tyre industry?

The auto industry was witnessing a slowdown in FY’20. The lockdowns impacted it further. This, in turn, affected the automotive and allied industries, including tyres. However, the tyre segment has seen a recovery in June 2020, especially in the replacement market. The

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