Balkrishna Industries to invest Rs 3,500 crore for expanding on-highway tyre portfolio

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Balkrishna Industries Ltd (BKT) has entered the domestic consumer tyre market, launching its On-Highway portfolio for two-wheelers and commercial vehicles. The company has committed Rs 3,500 crore for expansion and R&D, aiming for Rs 23,000 crore revenue by FY30 with a 20% share from on-highway tyres.