Pirelli, Balkrishna Strike Tyre Production Deal
- Pirelli and Balkrishna Industries agreed to produce up to 800,000 Pirelli-branded tyres in India by 2030.
- The companies plan a 50-50 joint venture to build a plant for high-value car tyres in India.
- The partnership supports Pirelli’s expansion in India and Balkrishna Industries’ growth in passenger-car tyres.
- Balkrishna Industries’ shares rose about 3% after the announcement.
14 Articles
14 Articles
Pirelli strengthens its presence in India and chooses Balkrishna Industries (BKT) as an industrial partner to enter into the local production of tyres for cars. The two companies signed a strategic agreement that provides for the construction of a new BKT plant, in which will be produced up to 800 thousand premium tyres branded Pirelli [...] Pirelli article focuses on India. Alliance with BKT and 800 thousand tires by 2030 comes from Il Fatto Qu…
The understanding aims to support the growth in the premium segment through a new production capacity that can reach 800,000 tyres per year under the Pirelli brand by 2030 The article Provera Tronchetti (pres. executive Pirelli) on the agreement with BKT: "L" India is among the markets with the greatest growth prospects" comes from Italian Industry.
New Delhi, 22 Oct. (askanews) - The Ferrari Light and the Pirelli Calendar meet in New Delhi. On the sidelines of the presentation of the strategic agreement with
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