BKT puts USA capex on hold

The Board of Directors at off-highway tyre specialist Balkrishna Industries Ltd. (BKT) have temporarily suspended their plans to invest in setting up a factory in the USA. According to the Board, the capex project has been placed in abeyance due to “difficult macroeconomics” and “volatile climate conditions.”

The rest of this article is for subscribers only:
Log inSubscribe

Comments closed