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Navyns and Manjustr

Navyns and Manjustr

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Published by: anon-29575 on Oct 30, 2007
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09/19/2010

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COMPANY PROFILE
VIKRANT TYRES LTD.
1
 
COMPANY PROFILE
Vikrant Tyres Ltd-An Overview
VIKRANT TYRES LTD., (VTL
)
the company is situated in an area of 53 acres inthe outskirts of Mysore VTL is a major tyre manufacturing company and one of the mostsuccessful industrial ventures in the state of Karnataka.In the year 1970 this company was conceived as a joint venture by the participation of South Indian Company Pvt Ltd., Madras for establishing an automobile tyres and tubesmanufacturing unit at Metagalli industrial area Mysore. In 19787 the management wastaken over by the Govt of Karnataka through Karnataka state Industrial Investment &Development Corporation Ltd., (KSIIDC) The Commercial production started from 19
th
May 1980.During 1985 a pilot plant was set up for manufacture of Radial tyres; Commercial production of Radial Tyre was started in Feb 1991 at the new Radial Tyre Plant.The company served the Prestigious ISO-9001, QS 9000, ISO-14001 & ISO/TS16949:2002 certifications. For design manufacture & sale of automobile tyres, tubes,flaps & tread rubber in December 1994, for other two JK Industries Ltd., was inducted asstrategic alliance partner (SAP) during May 1997 with a view of improve the over all performance of the company.Collaboration agreement was entered in to the M/s Continental tyres Germany in 1980.Vikrant Tyres Limited a JK tyres associate manufactures cutting edge innovative products that conform to the highest international standards. In 1977, JK Industries Ltdacquired Vikrant Tyres Limited, Mysore.VTL has the first truck/Bus steel Radial Tyre plant in India. This has state of the arttechnology in technical collaboration with continental A.G. Germanyu.2
 
Vikrant tyres have successfully launched high performance Steel Truck Radial Tyres inthe latest international pattern for the Indian as well as international market.The continuous emphasis on quality system has led to VTL receiving the ISO-90001certification, QS-9000 certification, ISO/TS 16949:2002 certifications towards qualitymanagement system for the design and manufacture of its entire range of products andthe ISP 14001 certification for protection of environment and conservation of naturalresources.The company is now racing ahead by focusing on exports. The synergy in sales andmarketing operations with JK Tyre has enabled VTL to expand its distribution network. Itis now exporting truck tyres to over 45 countries across 6 continents with DOT, INMETRO and SASO product certifications: tyres from VTL are supplied to internationalMarkets including North Central & South America, and the Middle East & South EastAsia. New markets are being continuously explored to expand the multi brandinternational sale. .
Share Capital:Rs. in lakhsAuthorized:
Equity shares (3,50,00,000 of Rs.10 each) 3,500.0014% Redeemable cumulative preference shares(5,00,000 shares of Rs. 100 each)500.00 
4,000.00Issued, subscribed and paid up:
Equity shares 2.56.34.487 of Rs.10 each(1,34,09,148 shared are held by
M/s JK Industries Ltd.
The holding company & its subsidiary2,563.45
2,563.45
3

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