BKT to add $300m tyre plant in Gujarat

ERJ staff report (DS)

Singapore - Indian OTR manufacturer

Balkrishna Tyres (BKT) has confirmed plans for a fourth tyre plant in

India. The US$300 million greenfield site investment in Gujarat is

scheduled to come on stream in 2012 and will eventually boost the company's total

production capacity by 80 percent.

“The new plant will provide us with much-needed additional capacity to

service our rapid growth in export markets and also allow us to direct

more of our production into India, which accounts for just 8-10 per

cent of current output,” says BKT executive director Anurag Poddar, speaking from TyrExpo Asia currently in progress in Singapore.

The company has also used Tyrexpo Asia to introduce a new corporate

identity with the theme of 'Growing Together,' chosen to reflect the

mutual growth of both BKT and its customers.

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