Ceat is planning to set up a new manufacturing facility in Chennai with an investment of around Rs 2,000 crore over the next 3-5 years. The first phase of the plant is expected to start production in 2019. The RPG Enterprise flagship firm has already acquired a 163 acre land parcel for the project.
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.
