- CEO
- Suryo Pratomo
- Full Time Employees
- 17,416
- Sector
- Consumer durables
- Industry
- Automotive aftermarket
- Address
- Wisma Hayam Wuruk Jakarta JK Indonesia 10120
- IPO Date
- May 8, 1990
- Business
- PT. Gajah Tunggal Tbk manufactures and distributes tires and related rubber products as Southeast Asia's largest integrated tire producer. Founded in 1951 and headquartered in Jakarta, Indonesia, the company produces passenger car radial tires, truck and bus radial tires, bias tires for passenger and commercial vehicles, SUV tires, off-the-road tires, industrial vehicle tires, and motorcycle tires under the GT Radial, Giti, Gajah Tunggal, IRC, and Zeneos brands; it also manufactures synthetic rubber, tire cords, inner tubes, flaps, O-rings, nylon filament yarn, polyester chips, and fishing net yarn. The company operates production facilities with capacities of approximately 45,500 passenger car radial tires, 2,300 truck and bus radial tires, 13,000 bias tires, and 83,000 motorcycle tires per day, alongside 75,000 tons annually for non-tire products, and sells to customers in Indonesia, the United States, Europe, Asia, the Middle East, Africa, Australia, and Oceania. PT. Gajah Tunggal Tbk maintains a strategic alliance with Michelin, which acquired a 10% equity stake in 2004 for passenger car tire manufacturing and distribution in Indonesia. In November 2024, the company secured a syndicated loan facility of IDR 4.4 trillion from banks including PT Bank Central Asia Tbk to refinance USD 175 million senior secured notes maturing in 2026 and reduce foreign exchange risk. It acquired GT. Petrochem Industries, a producer of tire cords and nylon yarn, showcased new Giti passenger car tires and participated in events like GIIAS 2024 and 2025, and plans motorcycle tire capacity expansion to 105,000 units per day while introducing environmentally friendly innovations.