Balkrishna Industries Limited (BKT) is an
Indian multinational tyre manufacturing company based in
Mumbai
Mumbai ( ; ), also known as Bombay ( ; its official name until 1995), is the capital city of the Indian state of Maharashtra. Mumbai is the financial capital and the most populous city proper of India with an estimated population of 12 ...
, India. Balkrishna Industries manufactures off-highway tyres used in specialist segmentations like
mining
Mining is the Resource extraction, extraction of valuable geological materials and minerals from the surface of the Earth. Mining is required to obtain most materials that cannot be grown through agriculture, agricultural processes, or feasib ...
,
earthmoving,
agriculture
Agriculture encompasses crop and livestock production, aquaculture, and forestry for food and non-food products. Agriculture was a key factor in the rise of sedentary human civilization, whereby farming of domesticated species created ...
, and
gardening
Gardening is the process of growing plants for their vegetables, fruits, flowers, herbs, and appearances within a designated space. Gardens fulfill a wide assortment of purposes, notably the production of Aesthetics, aesthetically pleasing area ...
in five factories located in
Aurangabad
Aurangabad (), officially renamed as Chhatrapati Sambhajinagar in 2023, is a city in the Indian state of Maharashtra. It is the administrative headquarters of Aurangabad district and is the largest city in the Marathwada region. Located on a ...
,
Bhiwadi
Bhiwadi is a planned city in Khairthal-Tijara district in the Indian state of Rajasthan and a Part of National Capital Region of Delhi. It is located 32 from Khairthal- Tijara city, the district headquarters, 85 km away from the city of ...
, Chopanki,
Dombivali, and
Bhuj. In 2013, it was ranked 41st among the world’s tyre makers. BKT sponsors various
sports
Sport is a physical activity or game, often competitive and organized, that maintains or improves physical ability and skills. Sport may provide enjoyment to participants and entertainment to spectators. The number of participants in ...
competitions in several countries, most notably the
Monster Jam
Monster Jam is a live motorsport event tour operated by Feld Entertainment. The series began in 1992, and is sanctioned under the umbrella of the United States Hot Rod Association. Events are primarily held in North America, with some addition ...
.
History
Balkrishna Industries began operations in the year 1987 with the inauguration of its first off-highway tyre manufacturing facility in
Aurangabad
Aurangabad (), officially renamed as Chhatrapati Sambhajinagar in 2023, is a city in the Indian state of Maharashtra. It is the administrative headquarters of Aurangabad district and is the largest city in the Marathwada region. Located on a ...
. Subsequent growth in business allowed the company to open new facilities in Dubai (2002) and Chopanaki (2006). It also diversified its product line by introducing tyres for ATV, earthmoving and gardening vehicles.
Operations
Balkrishna Industries is currently an
OEM vendor for
heavy equipment
Heavy equipment, heavy machinery, earthmovers, construction vehicles, or construction equipment, refers to heavy-duty vehicles specially designed to execute construction tasks, most frequently involving earthwork operations or other large con ...
manufacturers like
JCB,
John Deere
Deere & Company, Trade name, doing business as John Deere (), is an American corporation that manufactures agricultural machinery, heavy equipment, forestry machinery, diesel engines, drivetrains (axles, Transmission (mechanical device), transmi ...
, and
CNH Industrial
CNH Industrial N.V. is an Italian-American multinational corporation with global headquarters in Basildon, United Kingdom, but controlled and mostly owned by the multinational investment company Exor (company), Exor, which in turn is controlled ...
. In 2014, BKT held a 8%
market share
Market share is the percentage of the total revenue or sales in a Market (economics), market that a company's business makes up. For example, if there are 50,000 units sold per year in a given industry, a company whose sales were 5,000 of those ...
of the global off-the-road tyre segment.
Balkrishna Industries predominantly caters to the replacement market in North America and Europe. Its North American office is located in
Akron, Ohio
Akron () is a city in Summit County, Ohio, United States, and its county seat. It is the List of municipalities in Ohio, fifth-most populous city in Ohio, with a population of 190,469 at the 2020 United States census, 2020 census. The Akron metr ...
, with one warehouse in
Wando, South Carolina. About 80 percent of Balkrishna Industries' business in the United States is in the farm market.
Sponsorships
BKT Tires has been the official and exclusive tyre
sponsor for
Monster Jam
Monster Jam is a live motorsport event tour operated by Feld Entertainment. The series began in 1992, and is sanctioned under the umbrella of the United States Hot Rod Association. Events are primarily held in North America, with some addition ...
(a competition involving
monster trucks) since 2014.
In July 2018, BKT purchased naming rights for Italian football's second division,
Serie B
The Serie B (), officially known as Serie BKT for sponsorship reasons, is the second-highest division in the Italian football league system after the Serie A. It has been operating for over ninety years since the 1929–30 season. It had b ...
for three years, with the league being known as Serie BKT under the agreement.
On 15 January 2020, BKT signed an agreement with
LFP to rename the French football second division as
Ligue 2 BKT for four years. The sponsorship deal was extended until 2028.
On 2 September 2022, BKT were announced as northern hemisphere title sponsorship for the
United Rugby Championship
The United Rugby Championship (URC) is an annual rugby union competition involving professional teams from Ireland, Italy, Scotland, South Africa, and Wales. For sponsorship reasons the league is known as the Vodacom United Rugby Championship in ...
for three years.
In cricket, BKT sponsored
Kolkata Knight Riders
The Kolkata Knight Riders, also known as KKR, are a professional Twenty20 cricket team based in Kolkata, West Bengal, that competes in the Indian Premier League (IPL). The franchise is owned by actor Shah Rukh Khan, actress Juhi Chawla, and ...
in the
2023 Indian Premier League.
BKT has become the official title sponsor of
EuroCup Basketball
EuroCup Basketball, commonly known as the EuroCup and currently called BKT EuroCup for sponsorship reasons, is an annual professional basketball club competition organized by Euroleague Basketball. The league is regarded as Euroleague Basketbal ...
for 3 years.
BKT sponsored the 2025 Mens Curling World Championship in Moosejaw, Canada.
References
Официальный сайт шин BKT в Украине
Tyre manufacturers of India
Manufacturing companies based in Mumbai
Indian companies established in 1987
Automotive companies of India
Indian brands
1987 establishments in Maharashtra
Manufacturing companies established in 1987
Companies listed on the National Stock Exchange of India
Companies listed on the Bombay Stock Exchange
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