BKT-Pirelli deal targets 800,000 tyres a year by 2030
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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
On the reaction day the stock moved 1.9 pts less than its Tyres & Rubber Products peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.
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BKT will make Pirelli-branded premium passenger car tyres at its new Bhuj plant from 2027, ramping to 800,000 a year by 2030 under a new contract. Phase 1 needs no extra capital spending; around 80% of 6,700 tyres-a-day capacity is planned for BKT. Pricing covers raw material costs plus conversion cost. A possible 50-50 joint venture by 2030 remains subject to conditions. Revenue and margin details were not disclosed.
Adds sales using existing capacity, but revenue, margins and venture investment are unclear. Supply starts in 2027 and may support utilisation.