A section of CEATís hi-tech radial tyre manufacturing plant
CEAT to expand manufacturing capacity
CEAT Sri Lanka hopes to invest Rs. 800 million over the next 12
months to substantially expand its radial tyre manufacturing capacity to
meet the growing local and export demand."Our new investment entails a
virtual replication of the plant we opened in July 2014, with new
hi-tech machines," CEAT Sri Lanka Managing Director Vijay Gambhire said.
CEAT Sri Lanka, Vice President Sales, Marketing and Exports, Ravi
Dadlani said, "The increase in production capacity and the introduction
of new sizes will significantly strengthen the CEAT brand's position as
the highest-selling radial tyre in the local market, and give us the
potential to double our market share in the segment."
New technology acquisitions such as the latest Bead Apexing machines,
Cap Strip machines, improved tyre building machines and curing presses
introduced in the radial plant commissioned two years ago, will also be
installed in the expanded plant, he said.