The new production site will be BKT's first manufacturing site outside of India

The project has been approved by the Board of Directors and was for the first time announced on the occasion of the TIA Hall of Fame Award Ceremony in Las Vegas on October 29, 2018. While the prestigious award was received by Rajiv Poddar, Joint Managing Director of BKT, on behalf of his father, Arvind Poddar, Chairman and Managing Director of BKT, the latter disclosed the company project in a video message.

The project for the construction of a US tire manufacturing plant providing for a total capital expenditure of approximately 100 million US dollars is presently at its initial stage. The company is looking for an appropriate terrain, which will be defined by the end of this year, so that land acquisition will take place by the end of the first quarter 2019. Project completion is expected by March 31, 2021.

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