Balkrishna Industries

Balkrishna Industries Limited (BKT) is a tyre manufacturing company based in Mumbai, India. Balkrishna Industries manufactures off-highway tires used in specialist segments like mining, earthmoving, agriculture and gardening in five factories located in Aurangabad, Bhiwadi, Chopanki, Dombivali and Bhuj. In 2013, it was ranked 41st among the world’s tire makers.[4]

Balkrishna Industries Limited
TypePublic
BSE: 502355
NSE: BALKRISIND
IndustryAuto and Truck parts
Founded1987[1]
HeadquartersMumbai, India
Area served
Worldwide
ProductsTires
Revenue ₹37.8 billion (US$530 million) (2016–17)[2]
₹10.59 billion (US$150 million) (2016–17)[3]
Number of employees
6000
Websitewww.bkt-tires.com

Balkrishna Industries is currently an OEM vendor for heavy equipment manufacturers like JCB, John Deere and CNH Industrial. The company currently enjoys 6% market share of the global off-the-road tire segment.[5]

Balkrishna Industries predominantly caters to the replacement market in North America and Europe. Its North American office is located in Akron, Ohio with one warehouse in, Wando, South Carolina.[6] About 80 percent of Balkrishna Industries' business in the United States is in the farm market.[7]

BKT Tires has been the official and exclusive tire sponsor for Monster Jam since 2014.[8] In July 2018, BKT purchased naming rights of Italian football second division, Serie B for three years, with the league being known as Serie BKT under the agreement.[9]

References
  1. http://www.bkt-tires.com/en/about-us/corporate-profile
  2. "Archived copy" (PDF). Archived from the original (PDF) on 2 October 2017. Retrieved 2 October 2017.CS1 maint: archived copy as title (link)
  3. "Archived copy" (PDF). Archived from the original (PDF) on 2 October 2017. Retrieved 2 October 2017.CS1 maint: archived copy as title (link)
  4. Staff, Tire Business. "BKT opens 1st U.S. warehouse - Tire Business". Tire Business. Retrieved 24 January 2018.
  5. Shyam, Ashutosh R. (10 April 2014). "What makes Balkrishna Industries confident of achieving higher market share amid competition from Michelin, Bridgestone and Continental?". The Economic Times. Retrieved 24 January 2018.
  6. "BKT investing in infrastructure, staff in North America". Tyrepress. 17 December 2014. Retrieved 24 January 2018.
  7. McCarron, Kathy. "Tire veteran Casalbore ready for challenge at BKT USA - Rubber & Plastics News". Rubber & Plastics News. Retrieved 24 January 2018.
  8. "BKT the official tyre of Monster Jam". Tyrepress. 4 March 2014. Retrieved 24 January 2018.
  9. http://www.calcioefinanza.it/2018/06/22/nuovo-title-sponsor-serie-b-bkt/
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