Service Long March Tyres Limited (PSX: SLM) has significantly expanded its manufacturing capacity for truck and bus radial (TBR) tyres, strengthening its position in Pakistan’s tyre industry and reinforcing its long-term growth strategy.
The company announced that its annual production capacity has increased from 1.6 million tyres to 2 million tyres, representing an increase of approximately 25%. The expansion is expected to help the company meet rising demand in both domestic and international markets while creating new opportunities for revenue growth and improved profitability.
The development comes only weeks after the company’s successful listing on the Pakistan Stock Exchange (PSX), highlighting its commitment to expansion and operational excellence.
Production capacity increased to meet rising demand
Service Long March Tyres said the enhanced production capacity will enable the company to better serve customers across Pakistan while strengthening its export capabilities.
Demand for truck and bus radial tyres has continued to grow in recent years, driven by expanding logistics networks, commercial transportation, infrastructure development, and increasing freight movement across the country. Higher production capacity will allow the company to respond more efficiently to market requirements without compromising product availability.
The company believes the expansion will improve its competitiveness in the local tyre market while supporting future business growth.
According to the notification submitted to the Pakistan Stock Exchange, the increased manufacturing capacity positions Service Long March Tyres to capitalize on growing opportunities in both local and overseas markets.
Stronger position in domestic and export markets
The additional production capacity is expected to strengthen the company’s presence across multiple market segments.
Pakistan’s commercial transport industry relies heavily on truck and bus tyres that offer durability, fuel efficiency, and lower operating costs. As transportation activity continues to increase, tyre manufacturers are witnessing stronger demand from fleet operators, logistics companies, and public transport businesses.
By expanding its production facilities, Service Long March Tyres aims to capture a larger share of this growing market while also increasing exports to international customers.
The company stated that the expansion would enable it to better cater to increasing customer demand and reinforce its market position within the tyre manufacturing industry.
The move is also expected to contribute positively to the company’s financial performance through higher production volumes, stronger sales, and improved operational efficiency.
Expansion expected to support revenue and profitability
Along with improving market reach, the company expects the higher production capacity to generate additional revenues and profitability over the coming years.
Increasing manufacturing output allows companies to benefit from economies of scale by spreading production costs across a larger number of units. This often leads to improved operating efficiency and stronger profit margins, particularly when demand remains healthy.
Service Long March Tyres believes the capacity enhancement will support its long-term business objectives by allowing it to maximize production while serving a broader customer base.
The company described the expansion as part of its continued commitment to operational growth and long-term value creation for shareholders.
Industry analysts generally view manufacturing capacity expansions as a positive indicator because they demonstrate confidence in future demand and the company’s growth prospects.
Notification submitted to Pakistan Stock Exchange
The capacity enhancement was formally disclosed through a notification submitted to the Pakistan Stock Exchange in accordance with regulatory requirements.
Listed companies are required to promptly inform investors of material developments that could affect business operations or financial performance. Such disclosures help ensure transparency and allow shareholders to make informed investment decisions.
The announcement provides investors with updated information regarding the company’s operational capabilities and future growth plans.
Expansion follows successful PSX listing
The production capacity increase comes shortly after Service Long March Tyres made its debut on the Main Board of the Pakistan Stock Exchange.
The company was officially listed on the PSX with effect from June 15, 2026, while trading in its shares commenced on the same day.
Settlement of trades began on a T+1 basis, making June 16, 2026, the first settlement date following the listing.
The successful market debut marked an important milestone in the company’s corporate journey, providing greater visibility among investors and enhancing its access to capital markets.
The latest production expansion further demonstrates that the company is continuing to execute its growth strategy soon after becoming a publicly listed entity.
Outlook for future growth
The expansion of truck and bus radial tyre production reflects growing confidence in Pakistan’s commercial transport sector and the increasing importance of modern tyre manufacturing.
As freight movement, industrial activity, and regional trade continue to expand, demand for high-quality commercial vehicle tyres is expected to remain resilient. Companies with greater production capacity and efficient manufacturing operations are likely to be better positioned to capitalize on these opportunities.
For Service Long March Tyres, the latest investment represents more than just an increase in production volumes. It signals the company’s ambition to strengthen its presence in Pakistan’s tyre industry, expand exports, improve financial performance, and deliver long-term value for its shareholders.
With its newly enhanced annual production capacity of 2 million truck and bus radial tyres, the company has taken another significant step toward achieving sustained operational growth while reinforcing its competitive position in both domestic and international markets.