Balkrishna Industries502355Tyre manufacturing
Balkrishna Industries (BKT) signed an agreement with Pirelli to manufacture passenger car radial tires in India, starting at 1.5 lakh tires/year and ramping to 8 lakh tires/year by 2030
By ScoutQuest · · 1 min read
- Starting annual capacity for Pirelli
- 150,000 tires per year
- Target capacity by 2030
- 800,000 tires per year
- Export share of revenue
- 70 percent
- Non-OSD revenue target
- 20 percent
Heard on business television between 12:11:35 - 12:14:35 IST.
- BKT will start manufacturing 150,000 tires per year for Pirelli, ramping up to 800,000 tires per year by 2030, per Joint MD Rajiv Podar.
- No additional capex is required as BKT will use its existing expansion capacity already planned.
- Podar said it is too early to disclose revenue or margin numbers as these depend on product mix and sub-brands made for Pirelli.
- Tires will mainly serve Pirelli's India strategy, manufactured for the Indian market and distributed by Pirelli.
- BKT already derives 70% of revenue from exports with Europe as its biggest market; the deal does not change its 20% non-OSD revenue target but Podar expects to beat it.
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Source: Live TV News Channel · 23 Oct 2026
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