BKT (Balkrishna Industries Ltd.) has announced its five-year strategic plan, which includes the investment of US$400m in the next three years, primarily funded internally, and is targeting US$2.6bn in total revenues by 2030.
The strategic plan focuses on three main areas: strengthening leadership in the off-highway sector, entering new tire categories for the Indian market and expanding the carbon black business.
Off-highway tires
In the off-highway tires (OHT) segment, BKT says it will strengthen its position in rubber tracks, mining, industrial, and construction segments. Following the official commercialization of its rubber tracks, the board has approved the expansion of the dedicated production facility, expected to be operational in the second half of 2026.
