Ceat announces major capacity expansion at Chennai plant
Chennai, India – Ceat Ltd. announced a significant capacity expansion project at its Chennai plant. This strategic initiative aims to enhance production capabilities and meet the growing demand for high-quality tires in both domestic and international markets. The expansion underscores Ceat’s commitment to innovation, excellence, and customer satisfaction.
The Chennai plant, known for its state-of-the-art facilities and advanced manufacturing processes, will see a substantial increase in its production capacity. This project involves the installation of cutting-edge machinery and technology, ensuring that Ceat continues to deliver superior products that meet the evolving needs of the automotive industry. The expansion is expected to create numerous job opportunities, contributing to the local economy and supporting the community.
Speaking on the occasion, Mr. Anant Goenka, Managing Director of Ceat Ltd., said, “We are excited to embark on this capacity expansion project at our Chennai plant. This investment reflects our dedication to providing our customers with the best products and services. It also aligns with our vision of becoming a global leader in the tire industry. We are confident that this expansion will enable us to better serve our customers and strengthen our market position.”
The project is slated for completion by the end of 2025, with phased implementation to ensure minimal disruption to current operations. Ceat remains committed to sustainability and environmental responsibility, incorporating eco-friendly practices and technologies in the expansion process. This initiative marks a significant milestone in Ceat’s growth journey, reinforcing its reputation as a trusted and innovative tire manufacturer.