Tire manufacturer BKT has announced the start of trial production at a new facility in Waluj, in the Indian state of Maharashtra, after a €56m (US$65m) investment.
Built over a 22-acre area, the latest plant is situated 5km from an existing BKT plant, also in Waluj. Around 500 employees will work at the facility where small and medium diameter tires will be manufactured, designed for fitment to machinery working in the agricultural and industrial sectors.
With an estimated annual production capacity of 30,000 metric tons of off-highway tires, the facility will aid BKT by increasing its production figures and rate of efficiency.
The foundation stone for the site was laid in June 2019, with construction continuing during the Covid-19 pandemic.
“Growth is our commitment [and] looking ahead is our constant goal,” said BKT president and CEO Arvind Poddar.