2W replacement tyre demand in rural market yet to see complete revival, festive season offers hope: CEAT MD & CEO

CEAT Ltd MD & CEO Arnab Banerjee believes that rural demand for two-wheeler tyres in the replacement segment is yet to fully recover. However, he is optimistic that the festive season will boost demand. Banerjee also highlighted the uncertainty over crude-based raw material costs due to rising crude prices, which could impact future growth.

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