JK Tyre III
Sector: Warehouse • Location: India
Source: International Finance Corporation (IFC)
IFC has provided an equity investment of up to INR 2,400 million (approximately US$30 million) in JK Tyre & Industries Limited (“JK Tyre” or “the Company”), in the form of equity securities. The Company is implementing a capital expenditure plan of about US$158 million between FY21-25 to increase the production capacity of truck and bus radial (TBR) tires and passenger car radial (PCR) tires by mo
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Participants
Sponsoring Agency | Obfuscated Data |
Company | Obfuscated Data |
Status
Original status | active |
Taiyo status | Obfuscated Data |
Taiyo last update | 00-00-0000 |
Available timestamps | 00-00-0000 |
Available timestamp type | Obfuscated Data |
Contact
Contact name | Obfuscated Data |
Phone | 0000000000 |
ObfuscatedData@email.com | |
Address | Obfuscated Data, Obfuscated data, obfuscated data, Obfuscated data |
Description
Description | IFC has provided an equity investment of up to INR 2,400 million (approximately US$30 million) in JK Tyre & Industries Limited (“JK Tyre” or “the Company”), in the form of equity securities. The Company is implementing a capital expenditure plan of about US$158 million between FY21-25 to increase the production capacity of truck and bus radial (TBR) tires and passenger car radial (PCR) tires by more than 10 percent, from 32 million tires per annum to 35 million tires per annum. Of this, in FY24, the Company will implement capital expenditure of U$68 million along with resource efficiency projects (the “Project) and the proposed IFC investment will support the Company in implementing the Project. |
Original sub-sector | Obfuscated |
Original Currency | USD |
Original budget | 000000000000000 |
Procurement method | Obfuscated Data |
Budget | 000000000000000 |
Location
Region | Obfuscated |
Country | Obfuscated |
State | Obfuscated Data |
County | Obfuscated |
Location | Obfuscated Data, Obfuscated data, obfuscated data, Obfuscated data |
Source
Source reliability | High |
Data quality score | 100% |
Source | Obfuscated Data |
URL | obfuscated_data,obfuscateddata.com |
More Details
Project Type | Obfuscated Data |
Article Published Date | Obfuscated Data |