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Ceat incorporates Wholly-owned Subsidiary in Brazil

04 Oct 2023 Evaluate

Ceat has incorporated a Wholly-owned Subsidiary by name ‘CEAT Brazil Tires Servicos’ in the Federative Republic of Brazil effective October 2, 2023 to provide business support to CEAT in the relevant jurisdiction and yet to commence 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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