BKT, Pirelli form 50:50 JV for car tyres in India
BKT, Pirelli form 50:50 JV for car tyres in India — Balkrishna Industries (BKT) and Pirelli have entered a 50:50 joint venture to manufacture passenger car tyres in India. The plant will be set up in Pune with an initial investment of ₹300 crore and is expected to start production by 2026. The move aims to strengthen BKT’s presence in the premium tyre segment.
📊 STOCKS: $BKT | 🏢 SECTOR: Auto | #MEDIUMIMPACT #JointVenture
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