Gwalior to be hub of JK Tyres | india | Hindustan Times
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Gwalior to be hub of JK Tyres

JK INDUSTRIES has undertaken major expansion in Madhya Pradesh and planning to make its JK Tyres unit at Banmore near Gwalior as the centralised hub for passenger radial tyres in the country.

india Updated: Apr 02, 2006 14:51 IST

JK INDUSTRIES has undertaken major expansion in Madhya Pradesh and planning to make its JK Tyres unit at Banmore near Gwalior as the centralised hub for passenger radial tyres in the country.

The chairman of the JK Industries Ltd, Padma Bhushan Hari Shankar Singhania, told Hindustan Times that MP is geographically well located with rich resources and  can leverage its advantages to get investments by adopting proactive steps.

On the State Government’s attempts to woo investors from across India, the doyen observed that entrepreneurs go by their own decision to any State for investments, irrespective of the fact how hard the State Government is seeking to woo them.

 “The only change a state can bring is by building a conducive and competitive atmosphere, removing small impediments, offering proper incentives and, above all, a positive mindset both at government and bureaucratic levels,” he remarked.

Citing example of West Bengal, Singhania said in past decade a change in mindset of state governments and bureaucracy has been observed, which no doubt would yield better results in the form of industrial growth.

Recalling his long association with Madhya Pradesh, Singhania said the JK Industries first set up a straw board unit at Bhopal in 1938. However, the Straw board unit at Chhola Road and JK Batteries at Govindpura in Bhopal had to beclosed down due to ‘locational and techno-feasibility factors”.

“We manufactured metal-jacket batteries those days, which were much ahead of time like Toshiba, whereas paper-jacket ones are in vogue these days,” he explained.    

The largest exporter of tyres in India, the company is into outsourcing to third world countries from China. Having several ‘firsts’ to its credit, JK Industries is now  into paper & pulp and agri-business, manufacturing hybrid seeds and developing high yielding clones for farmers as a step to social forestry.

“By 2020, Indian paper industry would need nearly 20 million tons of wood annually and aim should be to make wood available in a sustained manner,” he pointed out. Singhania lamented that the Government despite having recognised its importance has been dithering on the issue.

“Industry has been pleading with the Government for almost three decades to involve corporate sector in greening our forests through industrial plantation on degraded forests and non-forest lands,” he pointed out.       

Coming down to entrepreneurship, the visionary, who also happened to be chairman of IIM Lucknow, opined “Excellence means to think of the best and second to none, and being innovative”.

“For the nation to be world-class, quality is the buzz word,” he suggests. The group is already running several educational institutions, along with a B-school in Kanpur, has plans in pipeline for setting up of management institutions. “It’s in initial stage and we’re having talks with B-schools abroad,” he said.