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.
| Company Name | CMP |
|---|---|
| MRF | 138800.00 |
| Apollo Tyres | 440.35 |
| CEAT | 3782.20 |
| Balkrishna Inds. | 2272.10 |
| JK Tyres & Inds. | 419.15 |
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