Business Standard

Restricted imports bode well for tyre companies: CEAT's Anant Goenka

The RPG flagship is riding high on a strong order book, will go ahead with investment plans to ramp up production to meet the domestic and export needs

Ceat Managing Director, Anant Goenka
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Ceat Managing Director, Anant Goenka

Shally Seth Mohile Mumbai
The restrictions on tyre imports into the country yield an opportunity for domestic manufacturers to step up their presence and expand their offerings, says Anant Goenka, managing director at CEAT Tyres.

Amid the pandemic, the RPG Enterprise firm is going ahead with its investment plans to ramp up production at its plants to meet the domestic and export needs.

“It’s (the restrictions on imports) an opportunity for us to increase our share of the market versus imported tyres,” Goenka told Business Standard pointing out with a diversified range that includes tyres for animal drawn vehicle to an air plane, the

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First Published: Nov 12 2020 | 4:58 PM IST

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