As part of this, the company aims to achieve a 4% market share in the all-steel radial segment of the global OTR market by that same year.
"To meet our targets for 2025 we need some expansion," BKT joint MD Rajiv Poddar told ERJ in a 6 June interview – during an event in Crete to mark the 10th year of the Earthmax radial tire range.
“The [Bhuj] plant in Gujarat has been designed to allow us to reach three times the production output of OTR steel tires of what it is today,” he said. “So are goals are attainable as they are based on capacity that is available to us.”
BKT is currently focused on expanding the range of giant tires produced at its Bhuj facility, which rolled out the company’s first all-steel radial giant tire – the Earthmax SR45 plus R49 – in 2016.
Production of other giant tires, also in 49-inches, have since followed at the Gujarat facility and, said Poddar, BKT is now preparing to step up further in this market.
“Thanks to significant investment in new tire building machinery, we have plans to bring 51" and 57" tires – in Q2, 2019 and Q2 2020 respectively – to complete the giant tire segment,” he said.