Ceat to make 2-wheeler tyres, invest Rs 1,200cr

Ceat to make 2-wheeler tyres, invest Rs 1,200cr

FPJ BureauUpdated: Saturday, June 01, 2019, 05:53 AM IST
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Nagpur : Kicking off work on its maiden two-wheeler tyre facility here, Ceat said it will be investing Rs 1,200 crore over the next four years to create a capacity to roll out 30 lakh tyres per month from the unit, reports PTI.

The RPG Group firm has been outsourcing two-wheeler tyres to a Hyderabad-based company till now and has decided to start manufacturing itself at a greenfield plant at Butibori on the city’s outskirts.

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