Ceat has received an approval for investment of Rs 420.00 crore for setting up a plant for manufacture of 2-3 wheeler tyres with a capacity of 120 MT/day. 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.