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Business News | Himadri Speciality Chemicals Targets Rs 3,000-cr Birla Tyres Business, Plans EV, SUV Tyre Entry by FY28
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It also plans to enter the passenger car radial (PCR) market, particularly in EV and SUV categories, with a dedicated PCR facility targeted for commissioning in FY28.
The Rs 3,000-crore revenue ambition comes after Birla Tyres generated Rs 187 crore in FY26, marking its return to business.
During the first quarter of the current financial year, Birla Tyres made steady progress in plant recommissioning, organisational integration and commercial operations.
Himadri acquired Birla Tyres in 2023 under an insolvency resolution plan, along with Dalmia Bharat Refractories, for Rs 347 crore.
Birla Tyres is now a wholly owned subsidiary of HSCL.