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JK Tyre reduces the prices by 2% on all categories

This article was posted on Mar 2, 2008 and is filed under Press Releases

JK Tyre & Industries Limited, A leading player in the automotive tyre industry has decided to pass on the entire benefit to the consumers by reducing tyre prices. This is consequent to reduction in cenvat duty on tyres/tubes/flaps as pronounced in the union budget 08-09 by The Hon’ble Finance Minister. This reduction is applicable for entire range of our products Viz. Truck Bias, Truck Radial, LCV Radial, LCV Bias, Car Radial, Car Bias and Farm Tyres.. The reduction would be effective 1st March 08 itself and set the trend for the Industry.

To maintain the momentum of growing economy and demand acceleration it is considered that any reduction in taxes deserves to be passed on to the consumers so that true objective is fulfilled.

Sourced From: Vaishnavi Corporate Communications Pvt Ltd

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