BKT Growing Through Challenges - Tire Review Magazine

BKT Growing Through Challenges

Sponsored by BKT Tires

The last 18 months during COVID has been a difficult time for many companies. For the tire industry, many raw material issues and shipping and logistic constraints have taken a toll, leading to problems with production and distribution.

Many raw material suppliers had to shut down operations during the lock down. This hampered production and availability, creating shortages and price increases. Carbon black and rubber prices have been continuing to increase month over month. Now, there is an energy crisis and coal futures are soaring with an increase of more than 200%.For the logistics industry, there has been a shortage of containers with 12.5% of the global capacity unavailable. Shipping and freight costs are escalating almost daily and there is a shortage of laborers at the ports and truck drivers to transport the goods. Containers of tires that have already arrived at the ports are often held up by several extra weeks before reaching the customers.

BKT has taken positive actions through these peculiar times. They have worked together as a team to grow and expand. Because global tire demand has remained high, BKT is geared to keep the pace.

BKT is always striving to grow and improve as a company every year and at all levels, be it production capacity, product range and quality or market share. Investments in many different areas of the company.

A new greenfield manufacturing plant opened in September 2021 in Waluj, Aurangabad, India for medium and small diameter agricultural and industrial tires. It can produce 30,000 metric tons and employ 500 employees. The $65 million investment has installed the most modern equipment with a finished goods area.

The flagship plant in Bhuj has expanded over 42% to 350 acres. The Super Solid tire plant and the Ultra Large OTR plant for tires between 57” and 63” rim diameter were constructed, and the Carbon Black manufacturing plant will double its capacity in the coming months.

In the second quarter of 2022, a new Agricultural Radial tire plant will open and with one of the largest AG radial capacities in the world. Other improvements at Bhuj include a high-tech auditorium and training center and a new sports arena to showcase the many sponsorships.

The remaining BKT manufacturing plants have all upgraded and replaced older machines with new, state of the art equipment. BKT World headquarters in Mumbai has also expanded by adding the “C5H8 Training Centre” to host meetings, trainings, and customer events and a display center.

BKT is manufacturing and shipping above the previous year’s numbers even with the container shortages and shipping challenges. The constant expansion of the tire range is part of the BKT strategy to be able to respond to customer needs in all Off-Highway segments. Many new sizes have been launched in 2021 with many more in the planning stages for 2022.

With the ever-changing market, BKT is always changing and strategically preparing to develop solutions to best meet the needs of their customers.

This article is sponsored by BKT Tires.

You May Also Like

The Autel IA900

Take an in-depth look at the Autel IA900 Alignment and ADAS calibration frame solution.

The-Autel-IA900

Check out this in-depth look at the Autel IA900 Alignment and ADAS calibration frame solution. First, we’ll examine the three IA900 shop solution packages, followed by a step-by-step walkthrough of the Autel diagnostics and ADAS calibration process. This video is sponsored by Autel.

Planning for your shop’s success in the future

Understanding succession planning before you need it is critical. This series is presented by Standard.

its-time-logo
How I Saved My Customer $1,300 on Four Bridgestone Tires

A few years ago, in an effort to keep my prices low but competitive and to keep my customers happy, I started buying used tires from Champtires.

Kumho’s EV tires are driving the future of EV tire performance

The Majesty 9 Solus TA91 EV and Crugen HP71 EV feature important characteristics that EV tires require to last and perform.

HP71_EV_30combo1400
Grow your Business with K&M Tire’s Mr. Tire / Big 3 Tire Program

The dedicated team at K&M Tire employs the organization’s Vision, Mission, and Values to guide every decision they make, and every action they take in pursuit of their goal to make the customer the most important part of their business. One way K&M Tire accomplishes this is through the development and implementation of the K&M Tire Mr. Tire / Big 3 Tire Marketing Program for its participating dealers. Read below to learn more about this powerful (and FREE) program for your business!

Other Posts
Kumho Tire Solus TA51a: ‘Ride and Drive Testimonial’

The Solus TA51a is specifically designed for the North American market for drivers of coupes, sedans, crossovers and SUVs.

The MaxiTPMS TS900, Your Next Diagnostics, Service & TPMS Tablet

The MaxiTPMS TS900 is an update to the popular MaxiTPMS TS608, all systems, all service, and all TPMS tablet.

The Hankook Dynapro HPX: Engineered for Maximum Performance No Matter the Weather Conditions

Hankook’s latest all-season tire handles anything nature throws at it, delivering exceptional grip and longevity in all conditions.

Kumho Tire Solus 4S HA32 ‘Ride & Drive Review’

The Solus 4S HA32 is specially engineered for people who need traction in every season and an emphasis on wet and snow performance.

Kumho-Sponsored-HA32