Balkrishna Industries' INR 1,000 crore expansion on track

Balkrishna Industries announced that its INR 1,000 crore capacity expansion program is on track. The company is establishing a fully integrated facility for INR 500 crore to replace an existing plant, and setting up an ultra-large all-steel OTR radial tyre unit with 5,000 tonnes per annum capacity at its Bhuj factory in Gujarat, along with a warehouse and mixing plant, for another INR 500 crore. Completion is targeted by March 31, 2021.

“Balkrishna Industries, the country’s leading off-highway tyre manufacturer, has said that its ₹1,000-crore capacity expansion programme is on track.”thehindubusinessline.com

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• thehindubusinessline.comTyre-maker Balkrishna Industries’ ₹1,000-cr expansion plan ‘on track’ - The HinduBusinessLineA SrinivasAug 17, 2020

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