JK Tyre to capitalise on duty hike on Chinese products, beef up exports

The company has been forced to cut production and delay capital expenditure due to slowdown in Indian auto market

Singhania-promoted JK Tyre is ramping up exports as demand has dried up in the domestic market due to a slowdown in auto sales, which have been declined nine months on the trot.

The company has spotted an opportunity in the US-China trade spat in which the Trump administration has imposed higher tariffs on Chinese goods making their way to America.

“The trade war between US and China, which has led to anti-dumping tariffs being levied, provides us a significant opportunity to boost our exports. We have been there in those markets for a long time, now we're ramping up,” Rajiv