Balkrishna Enters Consumer Tyre Market, Eyes Rs 230 bn By FY30
ECONOMY & POLICY

Balkrishna Enters Consumer Tyre Market, Eyes Rs 230 bn By FY30

Balkrishna Industries is shifting from its niche off?highway tyre business into the consumer tyre market and expects group revenues to reach Rs 230 bn by FY30. The company has allocated Rs 35 bn for new product lines, capacity expansion and brand building, and the investment includes a national advertising campaign. The move marks its first sustained attempt to develop a domestic consumer franchise after decades of export-led growth in agricultural, mining and construction tyres.

BKT will target two?wheelers, passenger cars and medium and heavy commercial vehicles, entering segments characterised by high volumes and intense price competition. Management said the strategy is designed to diversify risk amid shifting global trade patterns and uneven demand in some overseas markets. Product engineering and distribution execution were identified as core strengths to be leveraged in the consumer push.

Chairman and managing director Arvind Poddar explained that the company studied the domestic market before entering and would apply the same playbook of differentiated product development and a distributor-led route to market. The company aims for a five per cent share in domestic on?highway segments by 2028–29, indicating an ambition to gain traction within a few years. Joint managing director Rajiv Poddar outlined that the Rs 35 bn capex is being deployed over three years, with most of the investment scheduled for the next 15 to 18 months.

The manufacturing backbone comprises a capacity of around 360,000 tonnes (t), with expansion under way at the Bhuj facility to support both off?highway and on?highway portfolios and a planned launch of commercial vehicle radial tyres in FY27. Under Vision 2030 the company expects roughly 20 per cent of revenue from on?highway products, about 70 per cent from off?highway items and the balance from carbon black, while separating BKT Tyres and BKT Carbon to distinguish consumer ambitions from industrial legacy. Management said the current investment cycle should complete planned expansions and begin delivering returns before another major capex phase is contemplated.

Balkrishna Industries is shifting from its niche off?highway tyre business into the consumer tyre market and expects group revenues to reach Rs 230 bn by FY30. The company has allocated Rs 35 bn for new product lines, capacity expansion and brand building, and the investment includes a national advertising campaign. The move marks its first sustained attempt to develop a domestic consumer franchise after decades of export-led growth in agricultural, mining and construction tyres. BKT will target two?wheelers, passenger cars and medium and heavy commercial vehicles, entering segments characterised by high volumes and intense price competition. Management said the strategy is designed to diversify risk amid shifting global trade patterns and uneven demand in some overseas markets. Product engineering and distribution execution were identified as core strengths to be leveraged in the consumer push. Chairman and managing director Arvind Poddar explained that the company studied the domestic market before entering and would apply the same playbook of differentiated product development and a distributor-led route to market. The company aims for a five per cent share in domestic on?highway segments by 2028–29, indicating an ambition to gain traction within a few years. Joint managing director Rajiv Poddar outlined that the Rs 35 bn capex is being deployed over three years, with most of the investment scheduled for the next 15 to 18 months. The manufacturing backbone comprises a capacity of around 360,000 tonnes (t), with expansion under way at the Bhuj facility to support both off?highway and on?highway portfolios and a planned launch of commercial vehicle radial tyres in FY27. Under Vision 2030 the company expects roughly 20 per cent of revenue from on?highway products, about 70 per cent from off?highway items and the balance from carbon black, while separating BKT Tyres and BKT Carbon to distinguish consumer ambitions from industrial legacy. Management said the current investment cycle should complete planned expansions and begin delivering returns before another major capex phase is contemplated.

Next Story
Infrastructure Urban

Güntner Showcases Cooling Tech at China Expo

Güntner showcased its latest refrigeration and air conditioning innovations at China Refrigeration 2026, highlighting digital intelligence and carbon-neutral solutions.The company presented its aicore™ Controls and IoT platform, designed to optimise energy consumption, enable remote monitoring and enhance lifecycle management of cooling systems. The solution integrates advanced controllers and cloud-based capabilities to improve operational efficiency and reduce energy use.Güntner also demonstrated advancements in heat pump technologies, including its role in projects such as the Ordos Zer..

Next Story
Real Estate

Superb Realty Ties Up with Praan for AI Air Tech

Superb Realty has partnered with Praan to deploy AI-powered autonomous air infrastructure across over one million sq ft of real estate in Mumbai, marking a significant move towards intelligent indoor environments.The rollout will begin at Superb Altura and expand across upcoming residential and mixed-use developments. The initiative aims to integrate real-time sensing, adaptive purification and AI-led optimisation to improve indoor air quality and occupant experience.Praan’s technology is designed to remove ultrafine particles significantly smaller than conventional systems and eliminate har..

Next Story
Technology

DAAKit Raises $138,000 in Pre-Seed Round

DAAKit has raised $138,000 in a pre-seed funding round led by Inflection Point Ventures to expand its hyperlocal fulfilment network and strengthen technology capabilities.The company plans to use the funds to launch 25 new dark stores across Tier I and Tier II cities, enhance its technology infrastructure, and expand its leadership and operations teams. Currently operational in Delhi, Gurugram, Mumbai, Bengaluru and Kolkata, DAAKit is also piloting expansion into Tier II markets through Lucknow.Built on an asset-light, technology-driven model, the platform enables brands to position inventory ..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement