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.