At its recent board of directors meeting, BKT introduced a new five-year strategic plan. The company aims to generate total revenues of INR 23,000 Crores (approx. $2.6 billion) by 2030. It plans to invest INR 3,500 Crores (approx. $400 million), funding most of it through internal sources. The focus areas include strengthening leadership in the off-highway tyre market, expanding the carbon black business, and launching new tyre categories for the Indian market.
Strengthening the Off-Highway Tyre Market Segment
In the Off-Highway Tyre (OHT) market, BKT plans to reinforce its global leadership in agriculture. The company also seeks stronger positions in rubber tracks, mining, industrial, and construction sectors. BKT has commercialised its rubber tracks and will expand the production facility. The new facility is expected to be operational in the second half of 2026. BKT will also grow its mining range, backed by its proprietary all-steel radial technology up to 57 in., which complements the existing Bias range.
Targeting Key Regions and Scaling Carbon Black Production
BKT will focus its growth efforts on the Americas, India, and selected global markets. The company will also maintain a steady presence in Europe.
BKT has positioned itself as a strategic partner for leading tyre manufacturers in India and globally. It is boosting its presence in the specialty carbon black segment, focusing on high-performance non-tyre applications. BKT expects this segment to become a growth pillar for its carbon black business. The board approved increasing production capacity from 200,000 to 360,000 metric tons annually. The expansion includes advanced carbon black development and is set to finish by early 2026.
