India's Kesoram Industries is likely to sell its Balasore, Orissa plant to Italian multi-national Pirelli, reports Auto-Asia online (28/11/00).

According to the website, Kesoram - the company behind Birla Tyres - established the plant in 1989 and has a capacity of 1.1 million tyres per year.

Auto-Asia reports that the plant must be 'decoupled' from Kesoram Industries before the deal with Pirelli - which is Orissa's technical partner - can be completed.