JK Tyre & Industries launches operations in US by setting up marketing arm
Date: 01 Jun 2020
In
a move to accelerate its global expansion efforts, the India-headquartered tyre
major, JK Tyre & Industries Ltd., which is among the world’s top 25 tyre
manufacturers, announced commencement of operations in the United States. JK
Tyre has set up a new entity - Western Tires INC –based at Houston, Texas,
thereby, embarking upon an aggressive plan to take the global business to the
next level.
JK
Tyre has been exporting to the United States for over past two decades through
a network of local partners and with the acquisition of JK Tornel and
enhancement of capacity at JK Tyre India, there has been a steady growth in the
global markets including US. With the formation of the Western Tires INC, the
company now has its own marketing arm for the U.S. that will focus on sales,
service and network expansion. To ensure a robust delivery model, the
after-sales service will be backed by a team of technical experts from India
and Mexico.
Commenting
on JK Tyre’s journey in the global markets, Dr. Raghupati Singhania, Chairman
& Managing Director, JK Tyre & Industries Ltd. said, “The United States
has been an important export market for us. The fact that we are now setting-up
our operations here goes to show the significance of this country in our larger
global expansion plans. Our products have been appreciated for superior
quality, technological advancements and robustness across the world, and we
have received a similar response from our customers in the United States. With
our own sales & marketing channel, we are furthering our commitment towards
the U.S. market to provide an enhanced delivery and service experience to our
customers.”
JK
Tyre’s products have been accepted in the US market across multiple segments,
such as truck and bus radial tyres, passenger car tyres and light truck tyres.
The company is focused on further driving sales in these segments through
introduction of new products and enhancement of sales channels.