JK Tyre is pushing its aftermarket sales and exports in an effort to make up for a slowdown in the domestic car market. The tiremaker will focus on expanding its footprint utilizing its Mexico plant to increase exports, according to a Times of India report.
“Our export focus has helped us to grow our exports 23% in financial year 2013-14,” Arun Kumar Bajoria, president of JK Tyre, told the Times. The company’s total exports, including its JK Tornel Mexico exports, are worth Rs 1,605 Crores, up by 20% noted Bajoria.
JK Tyres Mexican plant helped the tiremaker gain a share in the New York City cab market at well.
“We have added Nissan and Volkswagen as OEM clients from our Mexican operations as a result of which New York Nissan cabs have started using made in Mexico JK tyres for the first time,” said Bajoria.