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Agrigear is pleased to share exciting news about BKT's recently announced strategic roadmap to 2030. This comprehensive plan outlines BKT's vision for growth and innovation over the next five years. It includes an ambitious five-year strategic plan aimed at achieving USD 2.6 billion in revenue by 2030
The roadmap outlines major investments in innovation, expansion, and new product development, reinforcing BKT’s commitment to sustainable growth, performance, and global market leadership.
This forward-looking strategy signals new opportunities for Irish agriculture, construction, and industrial sectors that rely on BKT’s robust tyre solutions.
BKT Tyres - Bhuj Plant
Strategic Focus Areas
BKT’s strategic roadmap is anchored on three primary growth pillars:
- Strengthening Leadership in Off-Highway Tyres (OHT)
BKT will continue to solidify its presence in key Off-Highway segments—agriculture, mining, industrial, construction, and more. Building on the success of its agricultural range (a good benefit for Agrigear’s customers), the company will also expand its portfolio of rubber tracks, with a dedicated new production facility expected to be operational by late 2026. - Expansion of the Carbon Black Business
With a strong foundation in the carbon black market, BKT is scaling its production capacity from 200,000 to 360,000 metric tons annually. This includes developing speciality and advanced carbon black grades, catering to both tyre and non-tyre industrial applications. Carbon black is a fine black powder composed of elemental carbon, which has great use in the production of tyres and other rubber products. - Entry into New Tyre Categories
BKT is venturing into the Passenger Car Radial (PCR) and Truck & Bus Radial (TBR) segments in the Indian market. While this expansion focuses primarily on domestic sales, the innovations and manufacturing scale will likely enhance overall product development for global distribution in the long term.
Global Growth with Local Relevance
BKT has already established itself as a trusted brand across 163+ countries, with over 3,600 Off-Highway tyre products in its portfolio. The new roadmap aims to expand market share in America, India, and selected global regions while maintaining a solid presence in Europe.
This strategy is particularly relevant for Agrigear’s customer base in Ireland, where demand for reliable, high-performance tyres in farming, earthmoving, and construction continues to grow. The commitment to innovation and quality ensures that BKT remains ahead of industry challenges, delivering products built for evolving machinery, diverse terrains, and sustainability goals.
Continued Commitment to Quality and Performance
Despite global economic headwinds, BKT reported a 13% revenue increase in FY 2024–25, with strong volume growth and continued profitability. This shows a clear vision of achieving a 10% global market share in Off-Highway tyres by 2030. BKT is reaffirming its position as an industry leader, committed to high-value segments, innovation, and customer partnerships.
Looking Ahead with Agrigear
As BKT charts its growth journey, Agrigear remains proud to represent and distribute its premium tyre solutions across Ireland. For Irish farmers, contractors, and industrial businesses, BKT’s roadmap translates into continued access to world-class tyre technology, backed by reliability, performance, and long-term value.
Explore the full range of BKT tyres and wheel solutions at www.agrigear.ie or call us on 042 9666 444 to speak with our expert team.