JK Tyre resumes partial operations at manufacturing plants across country

Image
Press Trust of India New Delhi
Last Updated : May 08 2020 | 12:44 PM IST

JK Tyre and Industries on Friday said it has resumed partial operations at various manufacturing facilities across the country.

The company has restarted operations after adhering to the guidelines issued by the Ministry of Home Affairs, and receiving permissions by the respective state governments and local authorities, JK Tyre said in a statement.

The tyre maker has commenced production in a graded manner at its manufacturing facilities in Chennai (Tamil Nadu), Kankroli (Rajasthan) and Laksar (through Cavendish industries Ltd - subsidiary company, in Uttarakhand), it added.

The company has also resumed operations at its global research and development hub located in Mysore, Karnataka, JK Tyre said.

The remaining manufacturing plants of the company in India and Mexico are in preparatory mode and will resume operations subsequently, it added.

"As a nation, we are passing through a challenging phase, yet it is imperative that we take small, but significant steps in our endeavour to achieve the right balance again," JK Tyre Chairman and MD Raghupati Singhania said.

The company has worked out a thorough and stringent roadmap that is not only aligned with the protocols of the authorities, but goes a step further in ensuring access to safe workplace, he added.

"We are optimistic that the economy and business ecosystem will gradually proceed towards recovery in the coming months," Singhania said.

Disclaimer: No Business Standard Journalist was involved in creation of this content

*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

First Published: May 08 2020 | 12:44 PM IST

Next Story