Ceat has received an approval for investment of Rs 50.00 crore for implementing a project for manufacture of Specialty Tyres (which includes off- the-road tyres) through a subsidiary company. The board of directors at their meeting held on October 30, 2014 has approved for the same.
Ceat is among the best tyre manufacturers in India. It manufactures a wide range of tyres for two-wheelers, three-wheelers, four-wheelers, tractors and tippers and trucks. Besides tyres, the company also manufactures and markets tubes and flaps.