DavidAusten - China Automobile Expert-CNAUTO

Wikipedia. Tire giant Ceat A senior official said the company aims to increase its production capacity to around 14,000 tons per day in the next 18 A month to meet the growing demand in the domestic and international markets. The demand for RPG in the domestic market is expected in the coming quarters. demand for the Group’s flagship product will accelerate. In these regions, COVID-19 As the outbreak improves, the Company has seen a pick-up in demand from several export markets. The company, which manufactures a range of tires for two-wheelers, passenger cars and commercial vehicles, plans to invest around 100 expansion projects Rs 100 crore of capex in the current fiscal. Anant Goenka, Managing Director, Ceat He said, “Our total production is around 1,100 tons per day and we will look at increasing the capacity to 1,300-14,000 tons per day in the next one and a half years.” He noted that the company has already embarked on major investments to increase...

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Expecting pick-up in demand, Ceat lines up investments to scale up production