JK Tyre Franchise/ Dealership Apply in 2024: Investment Cost, Profit Margin & Area Requirements

Because of the company’s reputation as one of India’s top Tyre manufacturers “JK Tyre Franchises” can be a fantastic investment. The Indian company that invented radial Tyre technology has expanded its market to include more than 100 nations. After covering the majority of India’s Tier 1 cities, JK Tyre is attempting to grow through franchises in tier 2, 3, and 4 cities. If you’re also looking for sustainable business models then look no further and start JK Tyre Franchise/ Dealership in India. Here we share all the details about JK Tyre Franchise Cost, Profit Share, Application Process, etc.

JK Tyre Franchise/ Dealership Apply Online

Consequently, there is room for more growth and expansion despite the more than 4000 JK Tyre franchise/ dealership shops in India. Learn more about how to start a JK Tyre franchise in India by reading this article to learn about the fees, location criteria, and other important information.

JK Tyre Franchise/ Dealership Apply Online: Investment Cost, Profit Margin & Area Requirements

Here is a summary of some quick information you might consider if you’re wondering whether you should invest in the JK Tyre franchise or not!

  • In the Indian automotive industry, JK Tyre was a radial Tyre technology pioneer.
  • The company has 12 manufacturing facilities spread around the nation where it manufactures 35 million Tyres annually. It is also well-known outside of India.
  • There are almost 200 JK Tyre Steel Wheels truck Tyre outlets throughout the nation, and the business is now excited to expand into the passenger car Tyre market with XPRESS Wheels.
  • To know more about How to get JK Tyre Dealership in India then keep scrolling down below.

JK Tyre Franchise Investment & Requirements – Overview

Article about
  • JK Tyre Franchise Apply Online
  • Dealership Cost, Investment, Profit & Area Requirements
Organization Name JK Organization
  • Tyre
  • Cement
  • FMGC
  • Dairy Products
  • Paper
  • Software
President Bharat Hari Singhania
Revenue 4.99 Trillion Rupees
Shares of JK Tyre ₹153.65 (March 2023)
Investment Cost Rs 20 to Rs 30 Lakhs
Official Website https://www.jktyre.com/

Investment Cost to Setup JK Tyre Franchise

  1. JK Tyre franchise in India requires a 20 lakh rupee investment, making it a fantastic franchise business opportunity under 20 lakhs.
  2. The profit margin will be between 12 and 15 percent, and the average Return on Investment will be close to 36 percent.
  3. For investments in the JK Tyre business, a return period of two to three years is anticipated. 600 to 800 square feet is required for the space (See all businesses with 500-1000 square feet area requirements).
  4. The brand already has a significant presence in India’s Tier 1 cities, hence tier 2, 3, and 4 cities are the chosen locations for franchise outlets.
  5. The best candidate to open a JK Tyre franchise is someone with experience in manufacturing, lubricant batteries, two-wheeler franchises, or other related businesses.

Franchise options for JK Tire in India (Locations)

The following regions, mostly in smaller cities, are where JK Tyre and Industries Ltd is seeking to expand nationally via franchise:-

  • Delhi, Haryana, Himachal Pradesh, Jammu and Kashmir, Punjab, Uttar Pradesh, and Uttaranchal in North India.
  • Karnataka, Andhra Pradesh, Kerala, and Tamil Nadu in South India.
  • Arunachal Pradesh, Assam, Manipur, Meghalaya, Mizoram, Nagaland, Odisha, Sikkim, Tripura, and West Bengal are among the states of East India.
  • Goa, Gujarat, Maharashtra, and Rajasthan in West India.
  • Bihar, Chhattisgarh, Jharkhand, and Madhya Pradesh are all in central India.
  • Andaman and Nicobar, Chandigarh, Daman & Diu, Lakshadweep, and Pondicherry are all union territories except of Ahmedabad, Bhopal Bangalore, Bhubaneswar, Cuttack, New Delhi, Patna, Chandigarh, Cochin, Coimbatore, Faridabad, Gurgaon, Hyderabad, Indore, Jaipur, Jalandhar, Jamshedpur, Kanpur, Kolkata, Lucknow, Ludhiana, Meerut, Mumbai, Pune, Ranchi, Surat, Thiruvananthapuram, Thane, Vizag, Ghaziabad, Agra, Nashik, Varanasi, Chennai, Guwahati, Nagpur, Vadodara, Rajkot.

Terms & Conditions to Start JK Tyre Franchise

JK Tyres’ franchise tenure is 5 years. At the location, franchisee training is conducted. With the JK Tyre unit franchisees, a thorough franchise manual, field help, expert guidance, etc. are offered. Please refer to JK Tyres’ official website for more information.

Qualification Requirements for JK Tyre Dealership:-

  • The applicant must be at least 21 years old.
  • A 10th-grade education is required for applicants.
  • The applicants must be clear of all criminal charges.
  • Should know the Tyre industry.

Key Features of JK Tyre Dealership Enquiry

  1. The Singhania Family is in charge of the Indian Tyre manufacturing company JK Tyre.
  2. Delhi serves as the company’s headquarters.
  3. In India, a lot of Tyres are produced.
  4. It exports Tyres to more than 100 countries, making it India’s largest Tyre exporter.
  5. JK manufactures world-class radials for heavy-duty trucks and buses, light commercial vehicles, earthmoving equipment, forklifts, tractors, trailers, cars, motorcycles, scooters, and auto-rickshaws.
  6. The company produces more than 16.6 million Tyres annually and offers the widest selection of Tyres to all market segments.

READ ALSO: Tyre Dealership Business Opportunity in India

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