CEAT to make USD164m investment in expanding bus and truck tyre capacity

By Jim Gibbins – 3rd May 2021

CEAT Ltd of Mumbai, a full range tyre manufacturer, says it plans to make an investment of USD164m (INR1200Cr) in financial year 2021-22 to expand production of its radial bus and truck tyres.

CEAT looks to invest USD120m to expand CV tyre production capacity by 45,000 tyres a month

CEAT to make USD164m investment in expanding bus and truck tyre capacity