Sunday, May 7, 2023

CEAT's international biz, replacement market to see better times ahead: Vice Chairman Anant Goenka

Tyre manufacturer, CEAT, is optimistic about the future of its international business and replacement market, with Vice Chairman, Anant Goenka, predicting "double digit plus margins" as raw material prices settle. CEAT has had to endure the impact of the currency devaluations of developing countries, a recessionary global marketplace, and geopolitical tensions such as the Russia-Ukraine conflict.

from Auto-Industry-Economic Times https://ift.tt/wqSo8hJ

No comments:

Post a Comment

Apollo Tyres to invest Rs 5,800 cr to expand capacity in Andhra Pradesh

Apollo Tyres announced a significant Rs 5,810 crore investment to expand its Andhra Pradesh manufacturing facility, aiming to boost passenge...