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New mining machinery are driving demand for all-steel radial tyres

Rajiv Poddar, Joint Managing Director, Balkrishna Industries, speaks on the factors that are driving the Indian OTR tyre market, and the recent innovations in tyre design and making in construction vehicles.

OTR tyre market has bright prospect

India OTR tyre market stood at 11.2 million units in 2021 and forecasted to reach 15 million units by 2023. The market is likely to grow at a CAGR of 9.05 per cent in volume terms.

OTR tyres on the move

With construction activities picking up and mining activities on a revival mode, the OTR tyre demand in the country is expected to grow in the coming years.

Moving Ahead

OTR tyre market is divided majorly into three segments: mining, construction and industrial equipment, agriculture vehicles and others. Mining, construction and industrial equipment such as loaders, bulldozers, tractors, forklifts, backhoe loaders, cranes, excavators, wheeled loaders, industrial trucks, skid steer loaders, etc

A diversified industrial major

Balkrishna Industries (BKT), has over 30 years of global presence in the off-highway tyres (OTRs)segment.

A Global Business Empire of Indian Origin

Many businesses around the world become successful by identifying an existing trend (socio-economic and market) and selling accordingly. But only a handful break through the obvious and dare to go beyond, thus creating not just success but an unprecedented niche for themselves.

Complete Off-Highway Tyre Solutions

BKT is the preferred supplier to international OEMs in industrial and construction segments. BKT enjoys principal presence in five continents, encapsulating more than 130 countries around the world.

A Diversified Conglomerate

With over 25 accomplished years of leading presence in the off-highway tyres segment of world business, Balkrishna Industries (BKT) is undoubtedly a global leader through innovation.

Leading Innovation

BKT enjoys major presence in five continents around the world, encapsulating more than130 countries.Many businesses around the world become successful by identifying an existing trend (socio-economic and market) and selling accordingly.

A successful journey

BKT has transformed itself into a successful player over the years, with a strong presence in over 130 countries including India. Quality-conscious users who adhere to stringent conformity standards in regions like Europe and America tend to prefer BKT as supplier, thus underlining the fact that every BKT product is superior and delivers the expected performance.

An Indian success story

BKT enjoys a strong presence in over 130 countries along with India. Quality conscious users who adhere to stringent conformity standards in countries like Europe and America prefer BKT as their supplier, thus underlining the fact that every BKT product is superior in creation and delivers expected performance.

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