Balkrishna Industries Plans Rs 1,300 Crore Capex for OHT Capacity Expansion
Balkrishna Industries Limited
Balkrishna Industries, a leading off-highway tyre (OHT) manufacturer, has announced a Rs 1,300 crore capital expenditure plan for FY24-FY26. The investment will focus on expanding the capacity of its off-the-road/OHT range at its Bhuj (Gujarat) plant through a phased brownfield expansion. The company aims to add 35,000 Metric Tons Per Annum (MTPA) of OHT capacity, in addition to the current 360,000 MTPA achievable capacity, to meet rising demand.
Location: Bhuj Gujarat
Estimated Value (Rs. Cr): 1300
Sector: Tyres
Project Stage: Under Implementation
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