Himadri targets ₹3,000 crore Birla Tyres business by FY28

Himadri Speciality Chemicals plans to expand Birla Tyres into a ₹3,000-crore business by FY28, with entry into electric-vehicle and SUV tyre segments forming part of the growth strategy.

— Source publishedWed, 12 Aug, 2026, 12:34 IST·First seen Wed, 12 Aug, 2026, 12:44 IST·Source The Hindu BusinessLine

What happened

Himadri Speciality Chemicals aims to grow Birla Tyres into a ₹3,000-crore business, with plans to enter the electric-vehicle and SUV tyre segments by FY28.

Key facts

  • ₹3,000 crore
  • FY28

What changed

Himadri Speciality Chemicals aims to grow Birla Tyres into a ₹3,000-crore business, with plans to enter the electric-vehicle and SUV tyre segments by FY28.

Why this matters

Birla Tyres’ planned EV and SUV launches signal a push into faster-growing, higher-value replacement categories as Himadri targets ₹3,000 crore in revenue by FY28.

What to watch

  • Announced capex, plant utilization targets and funded capacity additions for Birla Tyres.
  • Launch timing, specifications and certification of EV and SUV tyre ranges.
  • Quarterly revenue run-rate, dealer additions and geographic distribution expansion.
  • Gross-margin movement versus natural-rubber, crude-linked inputs and carbon-black costs.
  • Warranty claims, product reviews and repeat orders from retailers, fleets and fitment centers.