CEAT looks at expanding capacity

CEAT looks at expanding capacity

While the tyre sector as a whole is currently suffering from squeezing margins and rising input costs but that is not stopping players like CEAT in the Indian market to earmark money for capacity expansion.

Eying a boom in demand, the tyre manufacturing company of the Rs 16,000-crore RPG Group has recently said that the tyre manufacturer will be doubling the capacity of the radial unit it has set up in Halol, Gujarat, with an additional investment of Rs 630 crore.

Dubai Office Established by CEAT

Dubai Office Established by CEATIndia-based giant tyre manufacturer, CEAT has set up a new office in Dubai, with the aim to effectively meet with the growing Middle Eastern demand and to focus more on the strong export market. Mr. Pawan Rana will be the Head of the company's Dubai operations.

Ceat sets up radial plant at Halol

Ceat sets up radial plant at HalolUnfazed by the economic slump, CEAT Tyres, the flagship company of RPG Enterprises, has announced that it is building Rs 700 crore new radial tyre plant at Halol.

According to sources, the proposed plant, which covers 125 acres of land, will offer jobs to over 1,000 people in the first phase.