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March 30, 2011 12:00 AM

BKT to add $300m tyre plant in Gujarat

ERJ Staff
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    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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