India Facility to Boost Alliance Tire Agri, OTR Capacity

Alliance Tire, the Israel based company purchased in July 2007 by former BKT CEO Yogesh Mahansaria and global private equity company Warburg Pincus, has plans to construct a £50 million greenfield facility in India. The factory will focus on the production of agricultural and smaller size OTR tyres, and is tipped to double the company’s total production capacity. Manufacture at the plant is anticipated to commence in the first quarter of 2009.