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BKT Tyres factory established at Aurangabad in Western India, with installed capacity of 3000 tonnes per annum having all necessary facilities, including an in house R & D department.
A range of Light Commercial Vehicle Tyres launched in the international market.
A program for developing Industrial and Agricultural Tyres initiated. Exports to Europe, the U.S.A and Australasia begun.
Based on success in the international markets, an expansion program with an investment of US $50 million started.
Started production of Flotation & MPT tyres. Installed sophisticated machines e.g. Tread strip winding machine etc.Recognised as "EXPORT HOUSE" by government of India.
Acquired Bhiwadi factory, thereby doubling the production capacity. Awarded with prestigious ISO 9001:2000 certificate for Quality Management System by KPMG, Netherlands.
Production of tyres for All Terrain Vehicle (ATVs), Lawn & Garden and Earth Movers gets under way. An expansion program at Bhiwadi plant successfully undertaken.
Participation in the Reifen Show, ESSEN, Germany, Launch of Tractor radial tyres & Solid tyres