JK Tyre expects double-digit sales volume growth in FY 2019 on revival in Indian CV segment
Growth likely to be driven by increased infrastructure activities, reduced import of Chinese TBR tires, and brownfield expansion of the Cavendish Tyre business
Indian tire-maker JK Tyre & Industries expects to benefit from the revival of demand for tires in the commercial vehicle (CV) segment in India coupled with the tangible shift by the country’s cargo fleet to the higher margin and longer lasting radial tires.
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