'No impact of US, EU crisis on CEAT, exports to be 25% of revenue in 2 yrs'

The share of exports in our revenue is around 19.5%. We are targeting to increase it to 25% in the next 2 years, said Arnab Banerjee, MD & CEO, CEAT

As many corporates are staying away from Europe and the United States due to the ongoing crisis in those countries, leading Indian tyremakers like CEAT are increasing their presence in the region. Arnab Banerjee, managing director and chief executive officer, CEAT talks about the company’s overseas strategy, electric vehicle (EV) business and 2030 roadmap, in an exclusive telephonic interview with Shine Jacob.

Edited Excerpts:

The US and Europe markets are going through a crisis, did it affect your overseas growth. What is your export strategy going ahead?

The share of exports in our revenue is around 19.5 per cent. We