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CEAT eyes replacement tyre mkt growth, aided by PV sales
January 29, 2024
|Mint Mumbai
Tyre maker CEAT Ltd is looking to cash in on the growth of passenger vehicles sales in India, which will boost demand in the replacement market going forward, according to the company managing director & CEO Arnab Banerjee.
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The company is also gearing up to enter the passenger vehicles (PV) and truck and bus radial (TBR) tyre market in the US in the first quarter of the next fiscal, with an eye on making its international business a growth engine.
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