Ceat Limited, India to Invest INR 4.5 billion to expand PCUV tire capacity at Chennai Plant
On July 17, Ceat Limited proposed a capital expenditure plan for its Chennai plant located at Kannanthangal, Maduramangalam Post, Sriperumbudur Taluk, Kancheepuram. The plant currently has a production capacity of approximately 7 million tires per annum, with a capacity utilization of about 80%.
The company plans to