Tyre major Ceat: Ceat to expand Chennai plant

Tyre major Ceat: Ceat to expand Chennai plant

TNN Ceat is also expanding its PCR (passenger car radial) capacity in its Chennai plant. Tyre major Ceat has embarked on a significant capacity expansion project for its Chennai plant. Said Arnab Banerjee, MD & CEO, Ceat Tyres: “We have completed Phase I of our TBR (truck & bus radial) production expansion in Chennai last … Read more

CEAT tyres: Expect double-digit growth in replacement, international business despite rubber price hike: CEAT

CEAT tyres: Expect double-digit growth in replacement, international business despite rubber price hike: CEAT

Tyre maker CEAT Ltd expects double-digit growth in replacement and international business this fiscal despite a high natural rubber price forcing it to hike product rates, according to its MD and CEO Arnab Banerjee. The company, which has taken price hikes of 2-2.5 per cent in the replacement segment since May, expects another round of … Read more