Committed to growth
BKT has constantly upped the ante when it comes to developing new products and introducing new tyres in the Indian and global market.
BKT claims that it is the first tyre manufacturer to build an outdoor tyre testing track in India. The outdoor testing facility has six different tracks and the circuit stretches over a total area of about 25 acres including tracks for tyre performance tests in wet and dry conditions, an asphalt track as well as an inclined concrete track. Thanks to a large variety of tests, many relevant features such as traction, handling, comfort, noise, fuel consumption, braking, rolling resistance, soil compaction and many more can be measured by means of high-precision devices and instruments, according to the company.
Though radialisation is picking up in the OTR segment, bias tyres will always have scope for certain applications. Radialisation will be very high in certain applications. But there will be always a scope for bias tyres in certain applications such as port and underground mining, according to the company. The company, during the Automechanika Dubai 2017, launched Portmax PT 93, engineered tyre for terminal tractors that is perfect for operations at ports and logistics hubs.
“We invest heavily every year in R&D to upgrade our plant facilities and develop new products,” informed Arvind Poddar, Chairman & Managing Director, BKT. “Our competition is with global tyre giants, so we always have to have an edge over technology if we have to compete with them. If you look at all steel OTR radial tyres for mining, we are the pioneers from India,” he added.
The commitment to quality products is testified by the adherence to the strictest quality benchmarks with international certifications such as ISO 9001-2008 & ISO 14001-2004.
BKT’s strong belief towards corporate social responsibility led to huge investments for self generation of wind energy. This fulfills a substantial share of its power requirements. These efforts of BKT have been recognised through various accolades such as winning the “National Energy Conservation Award” presented by the Government of India on multiple occasions.
Poddar also thinks that the OTR tyre industry has gone through consolidation and no major consolidation will be seen in the near future. “I think, the OTR segment has already gone through the consolidation phase in the OTR segment. However, the company is looking at inorganic growth, added Poddar. “We are not particularly targeting at inorganic. But we are open to evaluating if something comes our way. We are more keen on bringing more technologies and capacity utilisation, he added.
BKT will focus on the Indian market as the mining sector is also reviving with new efforts by the government.