The advancement in the sphere can be attributed to the industrial growth, futuristic vision and advanced automation ingrained in the DNA of the sector.
The segment’s prospects have only increased in recent years, owing to a rising tide of mining & industrial construction activities, and flourishing international trade.
The global mining equipment market size is expected to reach $188,773 million by 2025 from $106,853 million in 2017, growing at a CAGR of 7.2 percent from 2018 to 2025, according to Allied Market Research.
An extremely intrinsic part of the same is the OTR tire segment.
This phenomenal growth is reflected in the Indian markets, as the Indian Off-Highway Vehicle tire market is projected to grow at 15 percent during 2020-2025.
An ever-increasing part of this prosperous ecosystem, BKT has been pioneering end-to-end solutions that will transform the technological landscape and create a futuristic roadmap for the segment, aiding the modern needs of industrialization. With its breakthrough technology, the company has managed to become a key player in International and national markets in a short span of time.
BKT today manufactures a wide range of hi-performance industrial tires for equipment engaged in loading, excavating, lifting or material-handling keeping a special focus on safety.
They are designed to extensively service the mining and Infrastructure segment. Its state-of-the-art manufacturing units located strategically at Waluj (Maharashtra), Bhiwadi and Chopanki (Rajasthan) & Bhuj (Gujarat), offer supreme quality of bias & radial range of Off-The Highway tires.
BKT’s greenfield tire plant at Bhuj (Gujarat) plant was set up in 2014 on 325 acres’ land is a game-changer for BKT with world-class manufacturing facilities, supported by a most modern and sophisticated R&D centre set up on 53 acres’ land and of global standards.
BKT’s world-class manufacturing facilities and R&D centre helped the company to develop a wide range of all-steel radial OTR tires for both surface and underground mining segments with global quality standard.
Operating with an unstoppable growth mind-set, its best-in-class Bhuj site facilitates one of the most advanced plants in the country and is actively steering a future-ready course for the OTR segment.
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