Wednesday, April 30, 2025

Ceat charts out Rs 1,000 cr capex drive for FY26

CEAT Ltd, owned by RPG Group, has allocated ₹950-1,000 crore for capital expenditure this fiscal year. The investment will primarily focus on expanding manufacturing capacity for truck and bus radials, off-highway tyres, and two-wheeler tyres. This includes increasing output at its Ambarnath factory and launching over 20 new OHT products.

from Auto-Industry-Economic Times https://ift.tt/0jcQaNI

No comments:

Post a Comment

Maruti's premium play turns 10: Did it truly build a brand or just a better showroom?

Ten years after its launch, Maruti Suzuki's Nexa is at an inflection point, preparing for Nexa 2.0 to re-engage aspirational buyers. Des...