Pirelli, Balkrishna Agree to Produce Up to 800,000 Tyres in India
The companies announced an agreement for production of up to 800,000 Pirelli-branded tyres in India by 2030. A second phase involves creating a 50-50 joint venture.
Italian and Indian tyre makers Pirelli MIL:PIRC and Balkrishna Industries (BKT) NSE:BALKRISIND announced on Thursday an agreement for the production of up to 800,000 Pirelli-branded tyres in India by 2030.A second phase of the agreement also involves the creation of a 50-50 joint venture for a prod…