Powering India's Off-Highway Future: BKT scales up capacity, innovation, and global ambition

As BKT enters its next phase of growth, the company remains firmly aligned with our longterm vision for the Off-highway segment. Rishi Raj Singh, Head OE Sales, APAC, Balkrishna Industries Ltd., says, Our ambition to achieve a 10% global market share in Off-Highway tyres by 2030 is central to our strategic direction.

- As BKT enters its next phase of growth, the company remains firmly aligned with our longterm vision for the Off-highway segment. Rishi Raj Singh, Head OE Sales, APAC, Balkrishna Industries Ltd., says, Our ambition to achieve a 10% global market share in Off-Highway tyres by 2030 is central to our strategic direction.

How big is the tyre market for industrial, agriculture, and OTR?

The Indian tyre market is experiencing rapid growth, fueled by rising vehicle ownership, expanding infrastructure, and increasing demand for off-highway and construction tyres. Building on this momentum, in 2025, we achieved a major milestone with the launch of capacity expansion, including a 360,000 MTPA carbon black scale-up and 24 MW cogeneration at our Bhuj plant, while targeting a 2.2x revenue growth to Rs 23,000 crore by FY2030, reinforcing our leadership in India. As BKT enters its next phase of growth, we remain firmly aligned with our long-term vision for the Off-highway segment. Our ambition to achieve a 10% global market share in Off-Highway tires by 2030 is central to our strategic direction. This goal underscores our commitment to strengthening our portfolio in high-value segments, deepening our presence in key global markets, and consistently delivering products that meet the evolving demands of industries worldwide.

What product highlights or innovations is BKT showcasing at EXCON this year?