BKT and Pirelli sign framework agreement for 50:50 passenger car tire JV in India
On October 22, Balkrishna Industries (BKT) entered into a framework agreement with Italy’s Pirelli Tyre to establish a 50:50 joint venture in India for manufacturing passenger car radial (PCR) tires. The agreement also includes an offtake arrangement and a technical services agreement
Under the proposed JV, BKT and


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