BIL stands apart from the rest of the tyre pack in respect of its business model (niche export-oriented player in off highway tyre i.e. OHT segment, serving agri & OTR industries), with Europe (51%) and North America (17%) forming 68% of revenues (India comprises ~20% of topline; BIL has ~5-6% market share domestically). For BIL, agri: OTR product mix is at 61:35, with replacement demand forming 75% of overall pie. BIL's export focus helped it comprehensively outperform domestic tyre manufacturers in Q4FY20, with volumes growing 4.7% YoY to 57,966 MT its highest quarterly...