JK Tyre Completes Merger with Cavendish, Expands Tyre Portfolio

As manufacturers concentrate on boosting capacity utilization, efficiency in operations, and the variety of goods to accommodate escalating infrastructure and mobility demands, consolidation and scale continue to change India's tyre manufacturing industry.

In this context, JK Tyre & Industries Chairman and Managing Director Dr. Raghupati Singhania said that Cavendish Industries Ltd., its subsidiary, has successfully merged with JK Tyre & Industries Ltd.

JK Tyre acquired Cavendish Industries in 2016 from Kesoram Industries. At the time of acquisition, Cavendish was operating at around 30% capacity, with manufacturing capabilities covering truck and bus radial tyres, truck and bus bias tyres, and two- and three-wheeler tyres.

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Following the acquisition, systematic streamlining of manufacturing processes led to a sharp improvement in capacity utilization, which rose to 95%. Capacity at the Cavendish facility in Laksar was also expanded, enabling it to contribute significantly to JK Tyre’s overall tyre operations.

Commenting on the merger, Dr. Singhania said, “The merger is expected to unlock substantial value through enhanced operational synergies, economies of scale, a stronger and bigger diversified product portfolio, and enhanced reach across a combined distribution network”.

He further added, “This merger reinforces JK Tyre’s long-term strategy of sustainable growth through a balanced mix of organic and inorganic initiatives.”

The integration of Cavendish marks the group’s third major turnaround under Dr. Singhania’s leadership, following the transformations of Vikrant Tyres in 1997–98 and JK Tornel Mexico in 2008, in addition to the establishment of two greenfield plants. Industry experts believe the merger strengthens JK Tyre’s market positioning by improving manufacturing efficiency, expanding product offerings, and enhancing distribution reach across domestic and global markets.