Balkrishna Industries Limited (BKT) is a leading global manufacturer of off-highway tires, serving sectors like agriculture, construction, and mining across 130 countries.

Recently, BKT faced challenges from increased U.S. tariffs, significantly impacting their sales in the American market. This has prompted the company to emphasize markets in India and Europe.

Despite the U.S. tariff challenges, BKT has been recognized for its quality, receiving Caterpillar's Global Supplier Excellence Award for the fourth consecutive year.

BKT is actively expanding its production and testing capabilities, evidenced by the new vehicle testing base at NATRAX, Indore, and recent expansions in their carbon black business.

The company remains optimistic about the future, supported by strategic initiatives in branding, capacity expansion, and an ambitious revenue target of INR23,000 crores by 2030.