J.K Tyres and Industry Company Analysis

14185 Words Feb 18th, 2012 57 Pages
ACKNOWLEDGEMENT

Completion of the project is not a one handed affair. It needs timely guidance, co‐operation from the working members and the freedom to work. I am earnestly grateful to Mr. Kamal Manik, Dy. General Manager (Finance), JK Tyre & industries limited, New Delhi for providing me with an opportunity to undertake a project work in their esteemed organization. I would also like to thank Mr. Sanjay Arora and Ms. Namita Gulati for her constant guidance. Finally, I am deeply indebted to all the faculty members of my institute for their valuable contribution during the academic session.

(Yatin Wadhawan)

CONTENTS
1. Executive Summary 2. Report On Project Work 2.1 Objectives of project 2.2 Scope of project 3. Company Profile 4.
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The companies in the group have a diverse portfolio, including automotive tyres & tubes, paper & pilp, cement, v-belts, oil seals, Power Transmission Systems, Hybrid Seeds, Woolen Textiles, Readymade Apparels, Sugar, Food & Dairy Products, Cosmetics, etc. There are different companies for different businesses. Most of these are public limited companies and are quoted on the stock exchanges with large number of public shareholders. In addition, all products of the Group are not only strong brand names but also reputed market leaders in their respective segments.

JK Tyre & Industries Ltd. started manufacturing tyres in 1977 and today is a leading tyre manufacturer in India, retailing its products under the brand names 'JK Tyre' and 'Vikrant'. The Company manufactures Radial and Bias 4 wheeler tyres for trucks, buses passenger cars, LCVs, tractors etc. It has four modern plants in India, located in the states of Rajasthan, Madhya Pradesh and Karnataka. The combined capacity across plants is 8.8m units (220,000 tonnes).

It is the largest exporter of tyres from India, exporting to 60 countries across 6 continents. JK Tyre enjoys premium brand status in highly competitive markets, including USA. The Company has set up 110 "JK Tyre Steel Wheels" a unique concept in car tyre retailing which provides value added service like, wheel balancing, alignment and tyre care.

JK Tyre is committed to the environment protection and the
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