CEAT: Expect easing of pressure from high natural rubber price in H2: CEAT MD & CEO Arnab Banerjee

CEAT: Expect easing of pressure from high natural rubber price in H2: CEAT MD & CEO Arnab Banerjee

Homegrown tyre major CEAT Ltd expects easing of pressure from high raw material costs in the second half of the ongoing fiscal after being impacted by 15-year high domestic natural rubber prices, according to its Managing Director and CEO Arnab Banerjee. The company expects its aftermarket business to continue to grow in double digits and … 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