JK Tyre & Industries Emerges L1 Bidder for ₹190 Cr MSRTC Tyre Supply Tender in Mumbai
Financial Evaluation Key Takeaways
- ✓ JK Tyre & Industries Ltd. is the L1 bidder for MSRTC's ₹190 crore tyre supply project.
- ✓ Three bidders—JK Tyre, Apollo Tyres, and CEAT—qualified for the financial stage.
- ✓ The procurement is for new nylon and radial tyres for MSRTC's Mumbai operations.
- ✓ Financial bids were opened on 30 June 2026 via EPROCURE.
- ✓ JK Tyre's L1 status is subject to final award by MSRTC.
JK Tyre & Industries Ltd. has emerged as the L1 (lowest) bidder for the Maharashtra State Road Transport Corporation's ₹190 crore new tyre supply tender in Mumbai. The financial bids saw competition from Apollo Tyres Ltd and CEAT Limited.
In a major procurement move, Maharashtra State Road Transport Corporation (MSRTC) has opened financial bids for its ₹190 crore new nylon and radial tyre supply tender in Mumbai. JK Tyre & Industries Ltd. has emerged as the L1 (lowest) bidder, positioning itself as the frontrunner for this significant supply contract.
The competitive tender process saw three leading tyre manufacturers—JK Tyre & Industries Ltd., Apollo Tyres Ltd, and CEAT Limited—qualify for the financial bid stage. The contract, once awarded, will support MSRTC’s extensive fleet operations across Maharashtra.
The Award
JK Tyre & Industries Ltd. has emerged as the L1 (lowest) bidder in the financial bid opening for MSRTC's ₹190 crore new nylon and radial tyre supply tender in Mumbai. The contract is yet to be formally awarded.
Bidders (3)
About the Project
- Procurement of new nylon and radial tyres for MSRTC's Mumbai operations.
- Estimated tender value stands at ₹190 crore.
- Tender process conducted via EPROCURE platform.
- Financial bids were opened on 30 June 2026.
Why It Matters
This large-scale tyre procurement will help MSRTC maintain and upgrade its fleet, ensuring safer and more reliable public transport services across Maharashtra.
JK Tyre & Industries Ltd. now stands as the lowest bidder for MSRTC's ₹190 crore tyre supply tender. The final contract award will depend on MSRTC's evaluation and formal approval.
