Ceat Cuts Truck Tire Prices
Indian tiremaker Ceat has cut the prices of its truck tyres by an additional 3% to 4%, news which came just days after the company announced an initial cut of 3.6%.
Ceat Breaks Ground on Radial Plant in India
Ceat Ltd. has broken ground on a ≤95 million radial tyre factory in the Indian state of Gujarat.
Ceat May Set Up Radial Tyre Plant in Gujarat
(IANS) Tyre maker Ceat Ltd., the Rs.26-billion flagship company of the diversified RPG group, is planning a new radial tyre manufacturing plant, and is considering Gujarat, Thailand, as the location.
Ceat Halts Production in Mumbai
Indian tyre manufacturer Ceat has declared to the Bombay Stock Exchange that it has stopped production at its factory in Bhandup, near Mumbai, for Thursday and Friday this week.
Sunil Sapre Appointed New Ceat CFO
Major Indian tyre manufacturer Ceat has announced the appointment of Sunil Sapre as its new chief financial officer.
Ceat to Reduce Mumbai Workforce by 25%
India’s Ceat Ltd. is said to be reducing the 2,000 strong workforce at its facility in Bhandup, Mumbai by as much as a quarter in order to reduce costs.
Ceat to Invest Almost ≤100M in New Facilities
The managing director of Ceat Ltd. took the opportunity to elaborate upon his company’s plans for a new radial project and OTR facility during a press conference in the Indian city of Mumbai.
Ceat Plans Radial Tyre Facility
(Hindu Business Line) Ceat Ltd. has reportedly finalised plans to set up a 3.6 million unit radial tyre facility at an estimated cost of Rs 500 crore.
Ceat Still Confident of Attracting Partners
Much was said during the course of 2007 about Ceat’s plans for new greenfield facilities, particularly the company’s unsuccessful attempts to secure a joint venture partner for a truck and bus radial plant.
Ceat Close to Land Sale Deal
India’s Ceat Ltd. is reportedly close to closing a deal that will see 2.8 hectares of surplus land at its Mumbai factory sold off.