Mumbai-based manufacturer outlines five-year plan with new market entries and USD 400m investment programme

Balkrishna Industries Ltd (BKT), one of India’s leading tyre manufacturers, has unveiled an ambitious strategic roadmap targeting revenues of USD 2.6 billion by 2030, representing a significant expansion from its current operations focused primarily on off-highway tyres.

The Mumbai-headquartered company presented its five-year plan to the board of directors, outlining total investments of USD 400 million to be funded predominantly through internal resources. The strategy centres on three core pillars: reinforcing its leadership position in off-highway segments, expanding carbon black operations, and entering new tyre categories specifically for the Indian domestic market.

BKT reported record revenues of INR 106.15 billion for fiscal year 2024-25, marking a robust 13 percent increase over the previous year despite challenging global macroeconomic conditions. This performance has provided the foundation for the company’s ambitious expansion plans.

The most significant strategic shift involves BKT’s entry into passenger car radial (PCR) and truck & bus radial (TBR) tyre segments, departing from its traditional focus on agricultural and industrial applications. Both new product lines will target exclusively the Indian market, with TBR pilot launches scheduled for Q4 of FY25-26, followed by PCR pilots in Q3 of FY26-27. The company expects these new verticals to contribute approximately 20 percent of overall sales by 2030.

“With this development plan, we are setting a clear and ambitious vision for BKT’s future—built on solid foundations, modularity, and organic growth. We are entering new product categories with the same focus and consistency that have driven us in the Off-Highway space, backed by the trust we’ve earned worldwide,” said Rajiv Poddar, Joint Managing Director of BKT.

In its established off-highway tyre (OHT) segment, BKT will continue consolidating its global agricultural leadership while strengthening positions in rubber tracks, mining, industrial, and construction applications. Following the successful commercialisation of rubber tracks, the board has approved expanding the dedicated production facility, which is expected to become operational in the second half of 2026.

The company plans to leverage its proprietary All-Steel Radial technology for mining applications, developing tyres up to 57 inches to complement its existing bias range. Geographically, growth efforts will concentrate on the Americas, India, and selected international markets whilst maintaining a steady European presence.

BKT’s carbon black division represents another growth engine. Over the past three years, it has established itself as a strategic partner for major tyre manufacturers domestically and internationally. The company focuses on speciality carbon black segments targeting high-performance non-tyre applications, including speciality and advanced carbon black grades.

Production capacity will expand from 200,000 to 360,000 metric tonnes annually to support this trajectory, incorporating advanced carbon black development. The project is scheduled for completion by early 2026, positioning BKT to capitalise on growing demand in both tyre and non-tyre applications.

The strategic plan emphasises an integrated industrial structure leveraging shared infrastructure, existing synergies between production hubs, and consolidated brand investments. This approach aims to enable scaling without compromising profitability—a critical consideration as BKT diversifies beyond its traditional market segments.

Despite the expansion into new categories, BKT remains committed to its core off-highway vision, targeting a 10% global market share in off-highway tyres by 2030. This goal underpins the company’s strategy of consolidating positions in high-value segments whilst expanding its presence across strategic international markets.

The announcement comes as India’s tyre industry benefits from strong domestic economic growth, providing favourable conditions for BKT’s market expansion. The company’s existing portfolio spans over 3,600 products sold across 163 countries worldwide, primarily serving agricultural, industrial, earthmoving, mining, ATV, and gardening sectors.

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THE TIRE COLOGNE 2026 is advancing its position as the foremost global platform for the tyre and wheel industry through a significantly enhanced INNOVATION LAB. This evolution places a deliberate emphasis on the circular economy, reflecting the sector’s shift towards sustainable practices. A key addition is the dedicated ‘Material & Production’ segment, which allows visitors to engage directly with advancements in sustainable raw materials, intelligent manufacturing and closed-loop systems that define modern tire production.

This integrated approach addresses the industry's pressing challenges, including stringent sustainability regulations and the integration of digital technologies. The INNOVATION LAB serves as a dynamic hub for dialogue and demonstration, where companies and research institutions showcase practical innovations across the entire value chain. Attendees can explore everything from artificial intelligence and automation in manufacturing to zero-waste initiatives and advanced recycling methods, making the future of tire production tangible.

Central to this experience is a redesigned Circular Economy Area that visually maps the complete lifecycle of a tyre for the first time. It traces the journey from raw material extraction and resource-efficient production to use, reuse and final recycling. This physical representation is further enriched by a curated stage programme. Hosted by the European Rubber Journal, the Future Tire Forum will facilitate critical discussions on material science, production technologies, quality management and extended producer responsibility.

Collectively, these strategic expansions underpin the long-term vision of THE TIRE COLOGNE. By continuously adapting its offerings, the trade fair consolidates its essential role as the central nexus for innovation and business, guiding the international tire industry towards a more sustainable and technologically advanced future.

Ingo Riedeberger, Director, THE TIRE COLOGNE, said, "The combination of INNOVATION LAB and the expanded Circular Economy Area shows how sustainable processes interlock with one another in the tyre industry. With the new Material & Production segment, we depict the circular economy of the industry holistically for the first time."

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Apollo Tyres Ltd is broadening its cycling portfolio with a new all-season, high-performance option: the Vredestein Superpasso Pro 4S. Engineered for competitive cyclists, this tyre is designed to provide reliable speed and handling throughout the year, regardless of weather or road conditions. It will be available across Europe from 1 March 2026 in four different width sizes to accommodate various road bikes.

Developed at the company's European Global R&D Centre, the tyre builds upon the existing Superpasso Pro platform. It aims to merge the low rolling resistance and responsiveness of a summer performance tyre with the enhanced grip, durability and puncture resistance necessary for consistent year-round use. A key innovation is the proprietary ‘TriComp’ technology, which utilises multiple rubber compounds. A harder, reinforced centre section promotes efficiency and longevity, while softer shoulder compounds deliver superior traction and stability when cornering, even on wet or uneven surfaces.

Further contributing to its all-season capability is an optimised tread pattern. This design efficiently channels water away and maximizses the tyre's contact patch with the road, ensuring predictable handling. Underneath this tread, a 120 TPI casing and a reinforced breaker layer work in tandem to bolster puncture protection and overall resilience. Additionally, the model incorporates ‘Active Control Technology’, featuring a unique bridged centre structure. This construction method reduces overall weight and enhances the direct feedback transmitted to the rider, resulting in a more agile and connected riding experience.

Nic Knippers, Divisional Head – Vredestein Two Wheel Tyres, Apollo Tyres Ltd, said, “Following the success of the new-generation Superpasso Pro, we saw a clear opportunity to create an all-season variant that would allow competitive and enthusiast riders stay on the bike longer, regardless of the weather. The Superpasso Pro 4S achieves exactly that, faithfully transmitting rider power and steering inputs to all surfaces, year-round.”

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Polymer Alumni Welfare Association (PAWA), in association with Indian Rubber Institute (IRI) and Dr D Banerjee Centre of Excellence (DBCOE), Mysuru and with the support of Department of Polymer Technology at Karnataka (Govt) Polytechnic, Mangaluru, is jointly conducting the third edition of DPT-Con 2026, a national-level conference scheduled to be held on 23rd & 24th January 2026 at KPT College campus, Mangaluru.

Carrying the theme “Sustainable Polymer for a Smarter Future,” DPT-Con 2026 aims to bring together industry professionals, alumni, academicians, and students on a common platform to advance learning and collaboration for infrastructure development in polymer science and technology.

“Karnataka (Govt.) Polytechnic, a 78-year-old institution approved by AICTE, as India’s first Autonomous status Polytechnic, has been home to the Department of Polymer Technology since 1975. Over the past five decades, the department has produced more than 1,000 polymer technologists who today serve across the Tyre, Rubber, Plastics, TPE and composite industries in India and abroad. Many of these alumni now hold senior technical and leadership roles, forming a strong industry–academia bridge,” says S Vasudev Rao, convener, DPT-Con 2026. 

PAWA, established in 2017 by senior alumni of the department, has played a pivotal role in strengthening this ecosystem. The association focuses on enhancing student competencies through industry engagement, infrastructure upgrades and knowledge-sharing initiatives. Earlier editions of DPT Con, held in 2018 and 2023, directly contributed to the upgradation of the rubber processing laboratory and the establishment of a modern plastic processing laboratory at the institute.

Building on this legacy, DPT-Con 2026 has set ambitious objectives. The conference seeks to fundraising to establish a cutting-edge incubation centre for composites, to provide scholarships to meritorious & deserving students, and support the maintenance and modernisation of existing rubber, plastic, TPE and composite laboratories. Enhanced student exposure through advanced equipment and real-time industrial interaction is a key focus area, alongside fostering long-term collaboration between industry, alumni and academia. The two-day programme will feature technical paper presentations, expert lectures, networking sessions and cultural programmes. A structured sponsorship framework—ranging from main and platinum sponsors to gold, kit and lunch sponsors—has been designed to encourage active industry participation, with opportunities for technical presentations and brand visibility during the event.

Organisers have set a fund-raising target of INR 2 million to support the planned initiatives and have invited industry leaders, alumni and well-wishers to contribute through sponsorships, kind support or direct participation. According to the organising committee, contributions to DPT-Con 2026 will have a direct and lasting impact on student skill development and the creation of infrastructure aligned with contemporary industry standards.

"With sustainability, innovation and collaboration at its core, DPT-Con 2026 is positioned not merely as a conference, but as a collective effort to shape the next generation of polymer technologists and strengthen India’s polymer ecosystem for the future," adds S Vasudev Rao. 

In addition to Polymer Alumni dedicated team Indian Rubber Institute- DBCOE team joined hands to fulfill this noble cause.

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Pirelli’s 2025 was defined by exceptional innovation and acclaim across its product lines and pioneering technologies, earning numerous independent awards and test victories. The company’s flagship families – P Zero, Cinturato and Scorpion – collectively secured 27 podium finishes in 34 comparative evaluations, with 15 of those positions being first place. New global market launches were particularly successful; both the fifth-generation P Zero and the new Cinturato summer tyre each claimed two major victories. The P Zero was celebrated as the top ultra-high performance summer tyre by industry experts, while the Cinturato demonstrated an outstanding blend of safety and efficiency. Winter performance was also highlighted by the P Zero Winter 2, which won its category in rigorous testing by a leading Swedish automotive magazine.

Specialised technologies integrated into these tyres further enhanced their appeal, offering motorists tangible benefits such as increased puncture resistance and reduced cabin noise. Meanwhile, the all-season segment saw remarkable dominance from Pirelli, especially in the European market. The Cinturato All Season SF3 proved extraordinarily versatile, earning 11 test victories and widespread praise for its balanced safety profile across diverse conditions. Its SUV-oriented counterpart, the Scorpion All Season SF3, quickly replicated this success following its launch. This collective achievement led Pirelli to be crowned the All Season Champion and Top Manufacturer of All Season Tyres by prestigious German institutions.

Complementing these product triumphs, Pirelli’s Cyber Tyre technology received significant international recognition, underscoring its role in advancing connected mobility. This integrated system uses in-tyre sensors and proprietary algorithms to communicate vital data with vehicle electronics in real time, enhancing safety and performance. Over the year, it was honoured four times across different continents, including a top innovation award in the United States, a safety prize in France, a pan-European safety accolade and a Company of the Year title from a noted market analysis firm. These awards collectively affirm how Pirelli’s digital advancements are fundamentally transforming traditional automotive components, positioning the company at the forefront of the industry’s connected future.

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