Mr. Rishi Raj Singh, Head OE sales APAC, Balkrishna Industries Ltd.

Rishi Raj Singh Head OE Sales APAC Balkrishna Industries Ltd discussing sustainability, vertical integration, carbon black production and tyre manufacturing at BKT Bhuj plant
Mr. Rishi Raj Singh, Head OE Sales APAC at Balkrishna Industries Ltd, shares insights on BKT’s vertical integration, sustainability initiatives, export growth and technology showcase at EXCON 2025.

The biggest milestone for BKT in 2025 has been the launch of its accelerated capacity expansion and vertical integration program, along with a clear five-year growth plan. In mid-2025, we announced plans to increase manufacturing and expanding carbon black production by an additional 360,000 metric tonnes per annum (MTPA) and adding 24 MW of cogeneration power at our flagship plant in Bhuj.

Q. How is the integration between tyre production and carbon black production being managed at the Bhuj site, especially in terms of sustainability, logistics, and supply chain synergies?

At BKT, we evaluate every step of our manufacturing process to identify opportunities to reduce waste, improve efficiency, and operate more sustainably. A key differentiator for us is that we are the only tyre manufacturer with our own carbon black production facility, at our Flagship Plant in Bhuj. This gives us an important advantage given that carbon black makes up nearly 30% of a tyre’s weight. Producing 100% of our requirement in-house not only strengthens quality and cost control but also significantly advances our sustainability goals.

The integration of tyre and carbon black production at our Bhuj facility is a strong example of vertical integration as it helps in enhancing sustainability, operational efficiency, and supply chain reliability. A pneumatic transfer system now replaces bulk bags, cutting nearly 100,000 bags a year, reducing energy use by up to 70%, and saving over two million kilograms of CO₂ annually. This automation also improves efficiency and worker safety.

Our advanced energy management system captures flue gases from carbon black production and reuses them in a co-generation power unit, generating steam and electricity for internal operations. This has meaningfully reduced our dependence on external energy, lowered coal consumption, and cut CO₂ emissions.

The plant also operates as a zero-liquid-discharge facility, ensuring complete water recycling, while our ongoing work on reclaimed rubber, recycled steel, and reused feedstock further strengthens our commitment to circularity. Together, these
efforts demonstrate how integrated design and responsible manufacturing can deliver both performance and long-term environmental value.

Q. India’s tyre exports grew ~9% in FY25, but global trade headwinds (tariffs logistics, currency) also pose risks. What is BKT doing to protect or grow its export business in uncertain international markets? Are there specific regions or products BKT
is targeting for export growth?

The Indian tyre exports have surged to INR 25,051 crore in FY25, up 9% year-on-year, compared to Rs 23,073 crore in the previous fiscal as per the data released by the Ministry of Commerce, even amid strong headwinds like trade-policy uncertainty and global supply chain disruption. According to ATMA, Indian tyres reach over 170 countries, with leading markets including the U.S., Europe, Latin America, and Southeast Asia.

At BKT, we are proud to be playing a significant role in strengthening India’s export momentum. Our recent win of the Highest Export Award from AIRIA for the 16th consecutive year is a strong reflection of our consistency and leadership
globally.

Looking ahead, we have outlined a growth roadmap to achieve a 2.2x increase in revenue by FY2030, targeting approximately INR 23,000 crore, up from around INR 10,600 crore in FY2025. To support this vision, we have committed INR 3,500 crore in investments over the next three years helping us to continue expanding our footprint with confidence and resilience.

Q. BKT has been on a strong growth trajectory over the last few years from expanding capacity and product lines to strengthening its global footprint. Looking specifically at 2025 so far, what would you identify as the most significant
turning point or milestone for the company this year?


The biggest milestone for BKT in 2025 has been the launch of its accelerated capacity expansion and vertical integration program, along with a clear five-year growth plan. In mid-2025, we announced plans to increase manufacturing and expanding carbon black production by an additional 360,000 metric tonnes per annum (MTPA) and adding 24 MW of cogeneration power at our flagship plant in Bhuj.

We have outlined a bold roadmap to achieve a 2.2x increase in revenue by FY2030, targeting approximately INR 23,000 crore, up from around INR 10,600 crore in FY2025. This growth strategy is anchored on three key drivers: expanding our Carbon Black capacity, entering new tyre categories for the Indian market, and scaling up operations in the Off-Highway Tire (OHT) segment.

Q. India is currently experiencing robust growth in both infrastructure and agriculture two core segments for BKT. Which of these sectors do you see driving stronger demand for your products over the next 3–5 years, and how is BKT aligning its product roadmap and customer engagement strategy to tap into that growth?

Agriculture continues to be a strong and stable foundation for BKT. However, with India’s infrastructure and construction sector witnessing unprecedented growth, we anticipate this segment to drive stronger demand for our products over the next three to five years.

Agriculture, contributing nearly 18% to India’s GDP, remains a cornerstone of the economy, while the infrastructure and construction sector is expanding rapidly under the government’s Viksit Bharat 2047 goals. Both sectors are crucial for
us, with agriculture provides steady, long-term strength, and infrastructure and construction are poised to drive stronger demand for our products.

To tap into this momentum, we are expanding our carbon black production by an additional 360,000 MTPA and adding 24 MW of cogeneration power at our Bhuj facility. These investments not only strengthen our vertical integration and boost energy efficiency but also enhance supply reliability and support our broader sustainability goals. It helps us ensure we are well prepared to meet rising demand across both agriculture and India’s fast-growing infrastructure landscape.

Q. EXCON is a key platform for showcasing innovation in construction equipment. What new products, tyre sizes, or technology solutions can we expect BKT to highlight at EXCON 2025, especially those tailored to Indian job-site conditions
such as rough terrain, cost of ownership, and service accessibility?


We are presenting our latest generation of off-highway tyre solutions at EXCON 2025, engineered to keep pace with the rapidly
evolving demands of the construction, mining, and material-handling industries. BKT’s flagship EARTHMAX All Steel Radial lines emphasize years of extensive R&D, extensive market insight, and precision engineering.

Within the EARTHMAX lineup, models such as the BKT EARTHMAX SR53 L-5 and BKT EARTHMAX SR468 E-4 stand out for their superior load bearing strength and reliable performance under the toughest conditions. We are also showcasing the BKT MULTIFORCE BK T92 MC rubber track is engineered for exceptional traction and stability, delivering smooth handling across both paved and uneven terrains to ensure optimal productivity.

We are continuously working towards developing solutions that optimize performance, efficiency, and longevity by combining cutting-edge technology with operational insights.

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