J K Family Tree 5k1j1p

JK Tyre has 6 modern plants in India which are strategically located at:

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Mysore, Karnataka -3

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Banmore, Madhya Pradesh

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Kankroli, Rajasthan

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Chennai, Tamil Nadu JK Tyre has also enhanced its global reach by taking over Tornel, a renowned Mexican company, which has 3 plants in Mexico. All of these plants are equipped with the world’s most advanced manufacturing and testing machines.

JK Tyre started manufacturing tyres in 1977 wsith a capacity of 0.5 million tyres per annum. It has grown multi-fold over the years, and currently has a capacity of more than 16.6 million tyres per annum from its 9 plants in India and Mexico. With the commissioning of the Greenfield Project in Chennai, the capacity across 9 plants has crossed the milestone of 20 million tyres per annum.

Type

Public (BSE: 530007)

Industry

Tyres, Tubes, Flaps

Founded

1974

Founder(s)

Lala Juggilal Singhania Lala Kamlapat Singhania Hari Shankar Singhania

Headquarters

New Delhi, India

Key people

Raghupati Singhania, Chairman Arun Kumar BajoriaPresident

Revenue

6015 crore(US$980 million) (FY 2012–13)[1]

Net income

105.54 crore(US$17 million) (FY 2012–13)[1]

Employees

~5,010 (as on 3 Sept 2013)

Website

www.jktyre.com

JK ORGANISATION

JK Organisation JK Organisation, the Rs 21,000-crore conglomerate with a workforce of over 40,000, has business interests across the globe, spanning over 90 countries. The JK Organisation traces its origin in the 18th century, when it came into being under the leadership of Lala Kamlapatji and his father Lala Juggilalji, therefore the name ‘J.K.’. While the flagship businesses are Tyre & Industries, Cement and Paper, the group umbrella also includes Fenner India, JK Seeds, Umang Dairies and JK Agri Genetics. The group also has a significant presence in the clinical research and insurance solutions through its companies: CliniRx Tangent Research and JK Risk Managers & Insurance Brokers Ltd. The pioneering spirit of J.K. Organisation which has been constantly striving to provide best products to its consumers also felt the need to have a functionally effective education system for the growing generations of India. While it continues to run various schools across its facilities in different parts of the country under the Lakshmipat Singhania Foundation, The JK Lakshmipat University at Jaipur has taken up the responsibility to shaping up the new-age new-age technocrats and business leaders. The conglomerate is also in health care services. While every plant of the group has primary healthcare facilities for its employees and communities living around them, it runs the Pushpawati Singhania Research Institute for Liver, Renal and Digestive Diseases, New Delhi, the JK Institute of Radiology & Cancer Research, Kanpur and the Lakshmipat Singhania Institute of Cardiology, Kanpur. The Group on an expansion spree with the three flagship businesses The Tyre business has recently announced an investment of INR 1,430 crore to expand capacity for the production of trucks, buses and car radial tyres at its plant near Chennai over the next 15 months. The other flagship business JK Lakshmi Cement also announced its expansion plan with a cost structure of Rs 1,550 crore, involving setting up of a 2.7 million-tonnes-a-year (mtpa) Greenfield project at Durg, Chhattisgarh along with captive limestone mine and two grinding units. Continuing the growth momentum is JK Paper business that has commissioned its Rs 1,750-crore expansion at Rayagada, Orissa, adding nearly 60 per cent to its paper production capacity. Visit Website

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JK Tyre The company is the undisputed market leader in Truck/Bus Radials in India, with 138 selling locations, 4,000 strong dealer network served by six plants in India and three plants in JK Tornel, Mexico. With state-of-the-art modern production facilities in all 9 plants, total production capacity is over 20 million tyres p.a.

JK Paper JK Paper Ltd. has two large integrated paper manufacturing units - JK Paper Mills (JKPM), Rayagada, Odisha and Central Pulp Mills(M), Songadh, Gujarat with a combined capacity of 4,55,000 TPA. It is the market leader in Branded Copier paper segment and among the top two players in Coated Paper and High-end Packaging Boards. Visit Website

JK Lakshmi Cement JK Lakshmi Cement, a renowned and well-established name in the Indian cement industry, now in its 32nd year, has a formidable presence in Northern & Western India’s cement markets. Its current capacity stands at 5.60 Million MT per annum. Visit Website

s JK Risk Managers & Insurance Brokers Ltd After opening of the insurance sector in the country, JK Risk Managers & Insurance Brokers Ltd., a recent initiative of the JK Group, provides Insurance Advisory & Placement Services to both retail & corporate clients in urban and rural segments. The company serves as an interface with the insurance companies and insurance buyers and and caters to the best interests of clients providing them customised need based s.olutions. It expertise in specialized segments such as Aviation, Oil & Energy both offshore & onshore, Weather Derivatives for farmers, Liabilities and Group Medical insurances. Visit Website

JK Agri Genetics Ltd (JKAL) A leading agri-biotech hybrid seed company with pan-India presence. Its activities include plant breeding & biotechnology research, seed production, processing and marketing of hybrid seeds of various field crops. Visit Website

Umang Dairies Limited JK’s dairy business produces and markets skimmed milk powder, butter pure ghee, varieties of dairy whiteners and premixes compatible with tea & coffee vending machines and liquid milk in poly pouches for retail and institutional customers. Visit Website

JK Lakshmipat University Besides the various schools running under Lakshmipat Foundation, JKLU is one of the recent initiatives of the group that offers management and engineering courses and best facilities that are producing new-age technocrats and business leaders. In a short span of time JKLU has already bagged several accolades including the Best Private University in Rajasthan, the Best Emerging Business School and the Best Emerging Private University in North India. Visit Website

J.K Fenner (India Limited) Company manufactures Industrial and Automotive V-Belts, Oil seals, Engineering Products, and a host of new products providing Total Mechanical Power Transmission and Sealing Solutions. Visit Website

CliniRX CliniRx Research is a full service Clinical Research Organisation with offices in India, Romania, Bulgaria and US. CliniRx has recently acquired a Romania based Clinical Research Organisation – Tangent Data. CliniRx Tangent Research is the name of the merged entity. CliniRx conduct s multinational clinical trials in Phase I, II, III and IV for global pharmaceutical and biotech companies

JK Tyre & Industries Ltd is an Automotive Tyre, Tubes and Flaps manufacturing company based in Delhi, India. The name JK is derived from the initials of Kamlapatji (1884–1937) and his father Seth Juggilal (1857–1922). [2] It is the Radial tire Leader in India and is the only tyre manufacturer offering the entire range of 4 wheeler radials for Trucks, Buses and Cars.[3] JK Tyre has a worldwide customer base in over 80 countries across all 6 continents. It is a part of J. K. Organisation group of Companies. JK Tyre acquired Mexican tyre major – Tornel in 2008.[4]

Locations The Company is headquartered in New Delhi, Bahadur Shah Zafar Marg. ed office is in Kolkata. Manufacturing plants are located at six centers in India, located at •

Mysore, Karnataka (3)

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Banmore, Madhya Pradesh Kankroli, Rajasthan Chennai, Tamil Nadu

JK Tyre has also enhanced its global reach by taking over Tornel, a Mexican company, which has 3 plants in Mexico.[5][6]

Research & Development It has an R&D division, Hari Shankar Singhania Elastomer And Tyre Research Institute (HASETRI) with headquarters at Kankroli under the directorship of renowned scientist, Dr. Mukhopadhyay. It has two more branches: one in Faridabad and one in Chennai. This R&D facility is one of its kind in Asia. HASETRI is India's first and foremost independent Research and Testing Center, which fulfills the Nation's need for developing newer and better technologies for Elastomer and Tyres. It is recognized under SIRO (Scientific and Industrial Research Organization) by the Department of Scientific and Industrial Research (DSIR), Govt. of India. It is also acknowledged by the Indian Institute of Technology (IITs) and other universities for registration leading to higher studies. Apart from the R&D facility there is also a Product Development Cell present in the Faridabad facility. The Chennai operation is a t initiative of IIT Chennai and JK tyres.

History •

1974 — JK Tyre founded in West Bengal with an industrial license in February 1974 for the manufacture of 4

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lakh nos. each Automobile tyre and Tubes per annum. The company was converted into a public limited company on 1 April 1974. The manufacturing project was promoted by Straw Products Ltd and J.K. Synthetics Ltd. 1982 — The company's technical collaboration agreement with General Tire 1987 — The overall working resulted in substantial profits despite a 51-days strike as well as go-slow from 14

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October. 1988 — New steel radial tire for Maruti Gypsy and Tata Motors were introduced. 1989 — Semi-lug Nylon Truck tyre, a New patterns and sizes of tyres were introduced. 1991 — Handeep Investment, Ltd., Hidrive Finance Ltd., Panchanan Investment Ltd., and Radial Finance Ltd.,

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J. K. International Ltd., Shivdham Properties Ltd., and J.K. Asia Pacific, Ltd., became subsidiaries of the Company. Radial Tyre for Tractors were launched. 1992 — opening of office in Moscow besides starting Company's subsidiaries in U.K. & Hong-kong. 1993 — New radial tyres `Brute' and `Ultima' were introduced. The Company in the process of developing steel

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belted radial tyres for Mercedes Benz, Peugeot, Daewoo race and Opel Astra. A new pattern developed for bus and trucks `PE-T8'. 1994 — The T-rated Ultima tyres launched for new generation cars found in DCM Daewoo's `Ceilo'. J.K. Steel radial chosen for Mercedes Benz India. Development of steel radials for GM's `Astra'. PAL's `Peugekot' FIAT's, `UNO' and M & M's `Ford'. Truck tyre `Jet Trak' - 39 introduced to meet the needs of the heavy load market. The new tractor rear tyre `SONA' introduced.

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1996 — Jet Drive XS, the widest nylon car tyre for Maruti 800 launched. Radial category, Ultima XR Radial, a

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terrain tyre introduced. Introduction of India's first and only H-rated ultima Xs' specially for Mercedes - Benz Cars. 2000 — JK Tyre and Indian Oil Corporation entered into a marketing alliance for installing digital air

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pressure gauge and setting up sales and services outlets at IOC petrol stations in India. 2001 — Raghupati Singhania managing director of J K Industries has appointed the 19th Chairman of

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Automotive Tyre Manufacturers Association. 2002 — CRISIL assigned a P1+ rating to the Commercial Paper programme of the company. 2003 — Mr Ajay Kapila appointed as the marketing director. Divested its wholly owned subsidiary called J.K.

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Drugs and Pharmaceuticals Ltd to TEVA Pharmaceuticals of Israel. 2004 — securities delisted from Delhi Stock Exchange Association Ltd (DSE). 2007 — Name of the Company changed from J K Industries Ltd to JK Tyre & Industries Ltd. 2008 — The company has issued rights in the ratio of 1:3 at a of Rs.75 Per Share. 2009 — Mr. Sunil Yadav appointed as Company Secretary of the company.

JK Tyre National Racing Championship Main article: JK Tyre National Racing Championship The JK Tyre National Racing Championship also known as JK-NRC is a track racing championship series consisting of several single make series events of open wheel single seater formula cars and saloon cars in India. This championship series is also considered to be the stepping stone for Indian Racing drivers who want to break into international motorsports. Several drivers includingNarain Karthikeyan, Karun Chandhok and Armaan Ebrahim have gone on to take part in international events including Formula One and A1 Grand Prix and other premier racing series around the world. [8][9]

Achievements and awards •

Excellence Award For Outstanding Marketing, 2009.

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JK Tyre wins the National award for excellence in Cost Management, 2009. CII Energy Management Award 2009. CAPEXIL ‘Top’ Export Award for the year 2008–2009. CII Water Management Award 2009. Rajasthan Energy Conservation Award-2009. National Energy Conservation Award-2009. JK Tyre- Super Brand 2009-10. Hall of Fame- Golden Steering Wheel 2010. CEO of the Year award to Dr. Raghupati Singhania VC & MD.