JK Tyre plans significant cut in water, coal usage by 2025 to mitigate risks

2024-11-21 10:00:47 Environment

2025

Mumbai, April 28, 2022: JK Tyre & Industries Limited has set itself a steep target to drastically reduce water and coal consumption by 2025. This will not just reduce its environmental footprint but also help mitigate business risks.

By 2025, the leading tyre manufacturer plans to reduce its raw water usage for manufacturing processes across all its plants in India by over 65 per cent from the base year of financial year 2013-14.

?We are strictly monitoring our water usage through the installation of water metres at key points in our manufacturing units, and constantly aiming to improve the water efficiency of our operations, along with reducing our use of groundwater,? Manufacturing Director Mr Anil Makkar said.

JK Tyre?s Kankroli and Chennai plants have already achieved zero raw water usage for processes. ?We use raw water only for drinking purposes in the two plants,? he added.

JK Tyre has emerged as a global benchmark for the lowest raw water use per kg of tyre manufactured, an outcome of systematic initiatives over the last five years.

At JK Tyre, we have long recognised water availability as a business risk and therefore, we are focused on proactive assessment and planning for water security at all our manufacturing locations essentially through continuous improvement of water efficiency (water use per tonne of finished product) of our operations, Mr Makkar said.

Other than water, coal is another aspect that JK Tyre has huge plans for. The start off, the company says that by financial year 2024-25, it will replace 50 per cent of its coal usage with biomass.

?The shift would however entail significant investments as we will have to make changes in our boilers. We are also tying up for regular biomass supply,? Mr Makkar said.

With this and many other such actions, JK Tyre places focus on the use of green and clean energy, resulting in the reduction of greenhouse gases and dependence on fossil fuels.

JK Tyre will continue to contribute towards building a sustainable society by balancing operations with the environment, being in harmony with nature, and improving the quality of life for all. ?It is a responsible corporate and giving back to the community is central to the culture of the Company. JK Tyre is not only driven by the need to make the world a better place through the manufacturing of a safer and technologically advanced product, but also by widening its prosperity circle,? Mr Makkar said.

JK Tyre & Industries Limited

The flagship company of JK Organisation, JK Tyre & Industries Ltd is amongst the top 25 manufacturers in the world. Pioneers of radial technology, the Company produced the first radial tyre in 1977 and is currently the market leader in Truck Bus Radial segment. The Company provides end-to-end solutions across segments of passenger vehicles, commercial vehicles, farming, Off-the-Road and two & three-wheelers.

A global force, JK Tyre is present in 105 countries with over 180 Global distributors. The Company has 12 globally benchmarked ?sustainable? manufacturing facilities - 9 in India and 3 in Mexico ? that collectively produce around 35 million tyres annually. The Company also has a strong network of over 4000 dealers and 600+ dedicated Brand shops called as Truck Wheels, Steel Wheels and Xpress Wheels.

JK Tyre?s unwavering commitment towards innovation is reflected through its state-of-the-art global research and technology centre ? the Raghupati Singhania Centre of Excellence - in Mysore, which houses some of the world?s finest technologies and techniques.

JK Tyre launched India?s first ever ?Smart Tyre? technology-and introduced Tyre Pressure Monitoring Systems (TPMS) which monitors the tyre?s vital statistics, including pressure and temperature. The company recently rolled out its 20 millionth Truck/Bus Radial tyre becoming the first and the only Indian company to achieve this milestone.

It is the only Indian tyre manufacturer to be included in the list of Super brands India in 2019 for the seventh consecutive year. JK Tyre has been conferred the Sword of Honour for Safety across its plants by the British Safety Council, UK. The company entered the Limca Book of Records with the country?s largest off-the-road tyre - VEM 04.

JK Tyre is also synonymous with motorsport in the country. For over three decades, the Company has relentlessly worked towards shaping India?s positioning as the motorsport hub of Asia, developing the right infrastructure for the sport and promoting young talent in the arena.