# 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.

- Type: Expansion
- Announced: 2020-08-17
- Where: Bhuj, Gujarat, India, India
- Value: $135.0M (10.0B INR)
- Starts operating: 31 Mar 2021
- Status: under construction
- Capacity: 5,000 tonnes/year (OTR radial tyre unit)
- Products: off-highway tyres, OTR radial tyres
- Sectors: [Automotive Components](https://endata.com/sectors/automotive-components.md)

## Companies

- [Balkrishna Industries](https://endata.com/companies/49160.md)

## Sources

- [thehindubusinessline.com](https://www.thehindubusinessline.com/companies/tyre-maker-balkrishna-industries-1000-cr-expansion-plan-on-track/article32372718.ece), 2020-08-17: "Balkrishna Industries, the country’s leading off-highway tyre manufacturer, has said that its ₹1,000-crore capacity expansion programme is on track."

---
Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.