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CEAT to Ramp Up Production Capacity

Auto News - Published on Thu, 18 Jul 2019

Image Source: Wikipedia
Tyre major Ceat has lined up capital expenditure investment of INR 3,500 crore to ramp up manufacturing capacity across its plants over the next three to four years. The company said that "The total investment in capacity expansion is INR 3,500 crore, including the amount already incurred on the Halol commercial radial tyre expansion, with the remaining amount to be spent over the next 3-4 years.”

It added that the company has increased its commercial radial tyre capacity at Halol plant to 9.6 lakh tyres per annum.

Ceat is also setting up a greenfield passenger car radial tyre plant near Chennai with an installed production capacity of 96 lakh tyres per annum with an investment of around INR 2,000 crore.

Besides, the company is increasing its two-wheeler tyre capacity at Nagpur by 170 lakh tyres per annum.

Source :

Posted By : Sanju Moirangthem on Thu, 18 Jul 2019
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