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JK TYRES ACHIEVES COUNTRY REPORT - INDIA 2023 TARGETS FOR NEW RETREAD CENTRES The retread division of the company achieved the milestone of opening 75 JK Retread Centres (JKRC) by the end of December 2023. The company appointed 13 JKRC in 2023. The 75th JKRC opened in Lanka in the North Eastern State of Assam. “The milestone of 100 was to be achieved by 2023, but the pandemic extended the deadline by a couple of years. We aspire to open 100 JKRC by 2025,” informed Sandeep Jain, Head Retreading Division at JK Tyre. JK embarked on the retread network expansion in 2017 when it launched the JKRC concept. The objective was to upgrade the re- treading standards in the country in line with the changing dynamic of the transport sector. ther upgraded to handle the new mobility solutions. “As the market is evolving and electric vehicles are also coming in a big way to the Indian market, JKRC are now equipped to handle EV tyres.” JK Tyre & Industries forayed into the retreading business in 2009 by setting up a tread rubber-producing facility in Kankroli, Rajasthan. The site provides original tread designs for the tyre retreading sec- tor. JK Tyre Retread Centres serves various state transport corpo- rations and fleets in the domestic market with its precured rubber treads. JKRC has emerged as a 360-service solution provider offering a range of tyre care solutions through its nationwide network. To align JKRC with the changing market trends, the centres are fur- P.32