Balkrishna Industries Targets Rs 230 bn Revenues By FY30
ECONOMY & POLICY

Balkrishna Industries Targets Rs 230 bn Revenues By FY30

Balkrishna Industries has begun expanding from its off-highway tyre business into consumer on-highway segments, aiming to lift group revenues to Rs 230 billion (Rs 230 bn) by FY30. The company has allocated Rs 35 billion (Rs 35 bn) for product lines, capacity expansion and brand-building, including a national campaign with a film actor. This marks its first concerted attempt to build a domestic consumer franchise after decades of export-led growth.

The on-highway push targets two-wheelers and medium and heavy commercial vehicles, markets noted for high volumes and strong price competition. Management said the strategy aims to diversify risk amid shifting global trade patterns and uneven overseas demand. Executives added the approach builds on lessons from the firm's earlier India playbook of product engineering and a distributor-led route to market.

Joint managing director Rajiv Poddar said the Rs 35 bn investment is spread over three years and the company is one year into the plan, with the balance to be deployed over the next 15 to 18 months. Expansion at the Bhuj facility forms part of the capex and will support both the off-highway business and the new on-highway portfolio, with commercial vehicle radial tyres planned for FY27. The capacity backbone stands at around 360,000 tonnes (360,000 t).

Under Vision 2030 the group expects about 20 per cent of revenue from on-highway tyres, around 70 per cent from off-highway products and the remainder from carbon black. Management targets a five per cent domestic market share in on-highway segments by FY30 and envisages a 2.2 times increase in revenues from FY25 to reach Rs 230 bn. The company is restructuring its brand architecture into BKT Tyres and BKT Carbon.

Executives said success will depend more on execution than on engineering, highlighting distribution depth, dealer alignment and sustained brand investment. Management does not foresee another major expansion at non-Bhuj plants for five to six years as upgrades and automation cycles are largely complete. Routine maintenance and productivity-linked capital expenditure will continue.

Balkrishna Industries has begun expanding from its off-highway tyre business into consumer on-highway segments, aiming to lift group revenues to Rs 230 billion (Rs 230 bn) by FY30. The company has allocated Rs 35 billion (Rs 35 bn) for product lines, capacity expansion and brand-building, including a national campaign with a film actor. This marks its first concerted attempt to build a domestic consumer franchise after decades of export-led growth. The on-highway push targets two-wheelers and medium and heavy commercial vehicles, markets noted for high volumes and strong price competition. Management said the strategy aims to diversify risk amid shifting global trade patterns and uneven overseas demand. Executives added the approach builds on lessons from the firm's earlier India playbook of product engineering and a distributor-led route to market. Joint managing director Rajiv Poddar said the Rs 35 bn investment is spread over three years and the company is one year into the plan, with the balance to be deployed over the next 15 to 18 months. Expansion at the Bhuj facility forms part of the capex and will support both the off-highway business and the new on-highway portfolio, with commercial vehicle radial tyres planned for FY27. The capacity backbone stands at around 360,000 tonnes (360,000 t). Under Vision 2030 the group expects about 20 per cent of revenue from on-highway tyres, around 70 per cent from off-highway products and the remainder from carbon black. Management targets a five per cent domestic market share in on-highway segments by FY30 and envisages a 2.2 times increase in revenues from FY25 to reach Rs 230 bn. The company is restructuring its brand architecture into BKT Tyres and BKT Carbon. Executives said success will depend more on execution than on engineering, highlighting distribution depth, dealer alignment and sustained brand investment. Management does not foresee another major expansion at non-Bhuj plants for five to six years as upgrades and automation cycles are largely complete. Routine maintenance and productivity-linked capital expenditure will continue.

Next Story
Infrastructure Transport

Civil Aviation Minister Reviews Hub And Spoke Readiness

The Minister of Civil Aviation, Ram Mohan Naidu, chaired a high-level meeting at Delhi Airport to review readiness for hub-and-spoke operations. Senior officials from the Ministry of Home Affairs, Ministry of Civil Aviation, Bureau of Immigration, Bureau of Civil Aviation Security, Customs, Airports Authority of India, Directorate General of Civil Aviation, CISF, DigiYatra, Delhi International Airport Limited and leading airlines attended. He led an on-ground walkthrough of passenger flows and inspected the Security Hold Area at Terminal 3. The ministry noted that the National Civil Aviation P..

Next Story
Infrastructure Energy

BCCL Announces PI Relaxation And Cash Discount For Power Sector

Bharat Coking Coal Limited (BCCL) has announced a scheme providing relaxation in Performance Incentive (PI) and offering a cash discount to power sector consumers for the first quarter of Financial Year 2026–27, covering April to June 2026. The scheme is applicable to all eligible power sector consumers covered under Fuel Supply Agreements (FSA), including those under the Flexi?Linkage arrangement. Incentives will be linked to actual coal offtake through rail, road and rail?cum?road (RCR) modes and implemented on the basis of proportion of offtake against the Quarterly Quantity (QQ) in defin..

Next Story
Technology

Union Minister Concludes Czech Republic Visit To Deepen Economic Ties

Union Minister of State for Commerce and Industry Shri Jitin Prasada concluded an official visit to the Czech Republic from 22 to 23 April 2026 at the invitation of the Czech government. The visit reaffirmed India’s commitment to strengthening strategic and economic engagement with key European partners and to deepening bilateral trade, investment and innovation linkages. The programme focused on identifying practical opportunities for industrial collaboration and technology partnerships. During the visit, the minister held bilateral meetings with senior Czech leaders, including Mr Karel Hav..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement