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Ceat India updates about its capex for FY 2025, plans capacity expansion
During an investor update, Ceat announced that it is expecting a capex of around INR 10 billion in FY 2024 (April 2024-March 2025) out of which about INR 2.5 billion is maintenance and about INR 7.5 billion for growth, it will mostly be utilized in the expansion of capacity in Chennai TBR (truck & bus radial) project....
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