CEAT approves additional Rs 706 crore investment in tyre capacity expansion

CEAT's board approved an additional investment of approximately Rs 706 crore for capacity expansion at a greenfield passenger tyre project, increasing total planned investment to Rs 3,506 crore up to FY 2022.

“The Board of CEAT at its meeting held on 01 February 2018 has approved a proposal for additional investment of approx. Rs 706 crore towards capacity expansion of greenfield project for passenger tyres”business-standard.com

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• business-standard.comBoard of CEAT approves additional investment of Rs 706 cr in capacity expansionCapital MarketFeb 1, 2018

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