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Balkrishna Industries gets nod to set-up Carbon Black project at Bhuj Plant

31 Jul 2017 Evaluate

Balkrishna Industries has received an approval for setting up of a Carbon Black project at its Bhuj Plant with an Initial annual capacity of 60000 MTs at an estimated capital outlay of Rs 150 crore. The board of directors at its meeting held on July 29, 2017 has approved for the same.

Balkrishna Industries is a leading manufacturer in the Off-Highway tire market. Since its founding in 1987, BKT has successfully focused on specialist segments such as agricultural, construction and industrial vehicles as well as earthmoving, port and mining, ATV, and gardening applications.


Peers
Company Name CMP
MRF 124848.40
Apollo Tyres 408.80
JK Tyres & Inds. 347.20
Ceat 3387.20
Balkrishna Inds. 2217.80
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