Ceat plans to set up a new plant in Nagpur

12 Dec 2014 Evaluate

Ceat, one of India’s leading tyre manufacturing companies, has decided to set up a new plant in Butibori, Nagpur and will be set up in three phases. In the first phase (2014- 2016), Rs 400 crore will be invested.

Spread across 60 acres of land, the plant is expected to manufacture 1.2 million tyres. The new plant will be equipped with highly automated manufacturing machinery chosen from the world market, and will manufacture two- and three-wheeler tyres.

Ceat is among the best tyre manufacturers in India. It manufactures a wide range of tyres for two-wheelers, three-wheelers, four-wheelers, tractors and tippers and trucks. Besides tyres, the company also manufactures and markets tubes and flaps. 

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