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CEAT invests in Taabi Mobility

13 Oct 2022 Evaluate

CEAT has invested in the paid-up capital of a wholly owned subsidiary (WOS) Taabi Mobility in order to carry out business of connecting commercial vehicles to the internet and providing web-based analytics to help customers manage their fleets better and reduce their total cost of operations and increasing uptime. The company is yet to commence its business.

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.

Peers
Company Name CMP
MRF 123284.50
Apollo Tyres 401.55
JK Tyres & Inds. 339.55
Ceat 3285.15
Balkrishna Inds. 2067.10
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