Balkrishna Industries (BKT) and Pirelli announced plans for a passenger car tyre joint venture.

Balkrishna Industries (BKT) and Pirelli announced plans for a passenger car tyre joint venture.

Pirelli and BKT have signed a strategic partnership to manufacture premium passenger car tires in India.

BKT Tyres plans to ramp up Pirelli-branded tyre production from 1.5 lakh to 8 lakh units annually by 2030, utilizing existing facilities without extra capex.

Balkrishna Industries Ltd (BKT) has signed a strategic agreement with Pirelli to manufacture up to 800,000 Pirelli-branded premium car tyres by 2030.

Balkrishna Industries will manufacture up to 800,000 Pirelli-branded CR tyres at its Bhuj plant in Gujarat by calendar year 2030.

Pirelli and Balkrishna Industries Ltd (BKT) signed an agreement to produce up to 800,000 Pirelli-branded premium car tyres in India by 2030.

Balkrishna Industries shares rise 3% as company strikes tyre production deal with Pirelli - Pirelli and BKT partner to produce tyres in India by 2030. - Deal includes a planned 50-50 JV for high-value car tyres. - BKT shares rose 3 percent following the announcement.

Italy's Pirelli and India's Balkrishna Industries have entered into a strategic partnership to manufacture up to 8 lakh Pirelli-branded tyres annually by 2030 at its upcoming facility in Bhuj, Gujarat.

Balkrishna Industries (BKT) announced a partnership with Italian tyre maker Pirelli to manufacture premium passenger car and SUV tyres at its Bhuj plant in Gujarat, targeting annual production of up to 8 lakh Pirelli-branded tyres by 2030.

Pirelli and Balkrishna Industries have entered into a tyre production agreement.

Balkrishna Industries shares rose after signing a framework agreement with Pirelli Tyre for a proposed 50:50 joint venture in India to manufacture passenger car radial tyres.