Sunday, July 21, 2024

Expect double-digit growth in replacement, international business despite rubber price hike: CEAT

CEAT Ltd anticipates double-digit growth in replacement and international business this fiscal despite rising natural rubber prices, prompting product rate hikes. MD and CEO Arnab Banerjee foresees ongoing price increases but remains optimistic about steady growth, citing robust demand and rural market recovery. The company experienced strong topline growth in Q1, aiming to maintain double-digit growth in replacements and international sectors.

from Auto-Industry-Economic Times https://ift.tt/fsrz7Yu

No comments:

Post a Comment

Tata Motors to start assembling Range Rover Evoque in its new India plant

Tata Motors will begin assembling the Range Rover Evoque at a new factory in southern India on February 9th, aiming to capture surging domes...