JK TYRE & INDUSTRIES LIMITED

JK Tyre Manufacturing Capacity Expansion Project - IFC Financing

Industry
Manufacturing/Manufacturing
Area of finance
Development Bank Finance
Region
South Asia
South Asia
Countries
India

Project Overview

IFC has agreed a $100 million sustainability-linked loan to Indian tyre manufacturer JK Tyre. The funding will support the expansion of tyre manufacturing capacity, focusing on Passenger Car Radial tyres at JK Tyre's Banmore plant in Madhya Pradesh and Truck and Bus Radial tyres at CIL’s...

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Deal Volume
$100m
Financial Close
17/01/2025
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Tranches

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