At meeting held on 16 December 2016
CEAT announced that the Board of Directors has, at its meeting held on 16 December 2016, approved a proposal for investment of approx. Rs. 2800.00 crore over a perciod of five (5) years up to FY 2022 towards incremental capacity of 1 Mn tyres per annum for Truck Bus Radial, 17 Mn tyres per annum for 2-Wheelers and 6 Mn tyres per annum for Passenger Car Radials. The investments are proposed to be funded through a blend of debt and equity.Powered by Capital Market - Live News
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