CEAT has received the certificate of incorporation for its subsidiary in Sri Lanka namely, ‘CEAT OHT Lanka’. The said entity is a related party of the company. Further except, to the extent of being a subsidiary, the promoter/ promoter group/ group companies of CEAT, do not have any interest in the said entity. This entity belongs to automotive tyres, tubes and other ancillary products/activities.
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.