Approach 1
Arvind Poddar
Chairman & managing director

Arvind Poddar, Chairman and Managing Director of BKT, upholds the same traditional values as his father, our founder Mahabirprasad Poddar.

Following in his father’s footsteps, Arvind champions a sustainable approach to business: his intrinsic care for our communities is further manifested by care for the environment around us.

Approach 2
Rajiv Poddar
Joint Managing Director

Rajiv Poddar is our Joint Managing Director, and marks the third generation of BKT. As a young global leader, Rajiv is tuned in to modern issues and aims to use his role to inspire positive change in the world. Rajiv is a passionate advocate for sustainable practices and pioneers BKT’s green, ‘glocal’ approach.

“BKT keeps faith in fundamental values such as sharing, generosity, and strength that permeate our business activities worldwide. We have taken initiatives to foster Community Wellbeing because we are aware that solidarity and social responsibility are of profound importance. Generous compassion is one of the values, on which BKT has been founded, and that helps us look towards the future without fear.

BKT is always prepared for the ever-changing market demands. We accept new challenges as soon as they come up, making the best out of them. Because challenges do not mean difficulties, but challenges are opportunities to grow.

Always Growing Together”.

Performance
Financial Year 2021/2022
Environment
Environment
BKT’s dedication to sustainability has gone from strength to strength in the last few years - and the mission certainly doesn’t stop here. Our environmentally friendly pursuits in 2021/2022 include our continuous resource preservation, our use of green energy, increase in use of recycled materials and reduction of waste, and substantial investments in sustainable alternatives. We are especially proud of our thriving Bhuj plant - with 33% green energy coverage and zero liquid discharge.
Social
Social
At BKT, people are at the heart of all we do. This is exemplified by our motto “Growing Together” - yet actions speak louder than words. We ensure that every internal and external member of our BKT community is cared for. In 2021/2022, we have garnered 3,229 salaried employees and 6,578 wageworkers, with a ground-breakingly low staff turnover rate. We ensure that all our employees work in safe, comfortable working conditions, and are well-trained - with the encouragement to experiment and upskill. Employee wellbeing was our focus six decades ago, and it still is today.
Business
Business

Despite the challenges of the pandemic, BKT has continued thriving across 2021 and 2022. Through adversity, we have kept growing together - turning over USD 1,079 million. We are also pleased to have continued our long-standing relationship with customers, maintaining 100% customer retention and no product recalls.

As ever, BKT is at the forefront of innovation: we have set up our own Carbon Black plant, produced harmless REACH compliant products, while taking rapid leaps into the digital world.

Environment
Social
Business
Approach 5
Our Vision

Our founding purpose was manufacturing niche products to meet specific customer needs, while caring for our employees. This is why we later adopted a game changing stance to our mission; we rose higher and embarked on newer challenges in our product development, and the way we served our markets and global communities.

At BKT, we look beyond current horizons, therefore our ultimate vision is infinite: we always aim to surpass our set goals through continuous innovation in products, technology and processes – with an intrinsic focus on humanity.

Approach 6
Our Mission

This boundless vision has led to us being global leaders in the Off-Highway Tire market.

Our mission is to continue to diligently serve this niche market in the years to come, while also implementing our motto “Growing Together” across our valued communities. At BKT, we are determined to raise the bar and reach the goal of inclusive and responsible growth, through our Sustainable Approach to business.

Performance
Three Cornerstones of being BKT
Family Culture
Family Culture
Our company is every inch a family-run business, with its leadership spanning three generations. Our founder Mahabirprasad Poddar first sowed the BKT seeds six decades ago, before his son, Arvind Poddar, took the reins. Today, as our company continues to thrive and flourish, Arvind continues to lead the company alongside his son Rajiv. The father-son duo continually instills our founder’s traditional values, which revolve around deep care for local communities and a responsibility for bettering the world.
Balance
Balance
At BKT, we’re all about balance, embodying the “Think Global, Act Local” mantra in our business. As a six-decade-old company, balance is of utmost importance: we are passionate about remaining true to our past and upholding traditions, while reinventing and repositioning ourselves in the current global market. We are both traditionalists and innovators, blending our family values with professional work ethos and modern cutting-edge innovation. What’s more, our core industries require an appreciation for the human touch in a high-tech environment.
Responsible company
Responsible company

With great power comes great responsibility. As a global leader in our industry, it is our duty to ensure that we act as responsibly as possible, across all areas.

Firstly, we have a responsibility as a tire manufacturer to constantly evaluate our in-house processes, putting our workers’ safety and wellbeing first before any production or productivity needs. This has led to our exceptionally high level of employee retention – which we are very proud of. We also have a history of 100% employee compliance; each member of the BKT family has a clean record without violations, sanctions or breaches of any kind.

Our responsibility also extends beyond our company – to the bigger picture: our planet. BKT’s sustainable initiatives include our global plantations, use of green energy and resource conservation. We are constantly looking for innovative ways to make our processes and products more sustainable, as we shoulder our shared responsibility to fight the climate crisis.

Family Culture
Balance
Responsible company
Materiality & Stakeholders

We determine material topics for the year ahead in regular brainstorming sessions between Senior BKT management and stakeholders: the dream team!

This partnership between any business and its stakeholders forms a two-dimensional assessment process; the outcome is a set of topics spreading across economic, social and environmental categories. The year FY 2021-22 indicated the need to consider the same set of topics identified in the year before with some slight revisions.

The previous material topics have been expanded to the following: Product & Technology, Ethics & Compliance, Health & Safety, Employee Wellbeing, Materials Management, Energy & Emissions, Water Management and Waste Management.

Each material topic includes a set of material goals that we will pursue with conscious approach, strategy, monitoring mechanisms and performance evaluation.

Approach 10
Approach 11
Stakeholders’ Engagement

Stakeholders are an integral part of all our actions at BKT. These key members of the BKT family include our customers, employees, vendors, shareholders and investors, government bodies, civil society, media - and all our global communities. So, it goes without saying that we’re a big, happy family!

BKT thrives on an open communication culture, and our engagement with stakeholders is no exception. Families should always listen to each other - and at BKT, we deeply care about what you think. Our motto “Growing Together” speaks of mutual growth: we share information and intellectual resources, as well as achievements, progress and knowledge with our stakeholders. And this communication goes both ways; we welcome feedback from our stakeholders, which we acquire through channels such as surveys, meetings, video calls and reviews.

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