Bhuj, India – Balkrishna Industries commissioned the first phase of its tire plant at Bhuj, India, Business Line reported. Balkrishna currently has a capacity of 144,000 metric tons per year and is on an expansion track to nearly double the production of tires.
The expansion will be accomplished by debottlenecking existing facilities, which will give Balkrishna Tyres an additional capacity of 12,000 metric tons per year and implementing a $340 million greenfield project at Bhuj. When the Bhuj plant is fully built in 2014-15, the company’s capacity will be 270,000 metric tons. Around 60 percent of the total capacity at Bhuj will cater to manufacturing radial tires.
Source: Rubber World