The company has commissioned its greenfield unit situated at Buti Bori near Nagpur which has resulted in addition of 15 MT per day in the installed capacity of Nagpur plant, Ceat Ltd today said in a regulatory filing.
"Full expansion project of 120MT per day is however expected to be commissioned, in phases, by end of FY 2017-18," it added.
The Mumbai-based company is one of the country's leading tyre producing firm with a capacity to produce over 95,000 tyres a day.
Ceat shares today closed 0.87 per cent down at Rs 1,043.25 apiece on BSE.
You’ve reached your limit of {{free_limit}} free articles this month.
Subscribe now for unlimited access.
Already subscribed? Log in
Subscribe to read the full story →
Smart Quarterly
₹900
3 Months
₹300/Month
Smart Essential
₹2,700
1 Year
₹225/Month
Super Saver
₹3,900
2 Years
₹162/Month
Renews automatically, cancel anytime
Here’s what’s included in our digital subscription plans
Exclusive premium stories online
Over 30 premium stories daily, handpicked by our editors


Complimentary Access to The New York Times
News, Games, Cooking, Audio, Wirecutter & The Athletic
Business Standard Epaper
Digital replica of our daily newspaper — with options to read, save, and share


Curated Newsletters
Insights on markets, finance, politics, tech, and more delivered to your inbox
Market Analysis & Investment Insights
In-depth market analysis & insights with access to The Smart Investor


Archives
Repository of articles and publications dating back to 1997
Ad-free Reading
Uninterrupted reading experience with no advertisements


Seamless Access Across All Devices
Access Business Standard across devices — mobile, tablet, or PC, via web or app
