CEAT (company)

CEAT Limited
FormerlyCavi Elettrici e Affini Torino
Company typePublic
IndustryTyres & Tubes
Founded1924; 100 years ago (1924), in Turin, Italy
FoundersVirginio Bruni Tedeschi
HeadquartersWorli, Mumbai, India
Key people
Harsh Goenka (Chairman)
Anant Goenka (Vice Chairman)
Arnab Banerjee (MD & CEO)
RevenueIncrease 11,963 crore (US$1.4 billion) (2024)
Increase 894 crore (US$110 million) (2024)
Increase 635 crore (US$76 million) (2024)
Total assetsIncrease 9,994 crore (US$1.2 billion) (2024)
Total equityIncrease 4,052 crore (US$490 million) (2024)
Number of employees
~8,000
ParentRPG Group
Websiteceat.com

CEAT Limited (formerly, Cavi Elettrici e Affini Torino)[1][2][3] is an Indian multinational tyre manufacturing company owned by the RPG Group. It was established in 1924 in Turin, Italy. It has a presence in global markets. CEAT produces over 165 million tyres a year and manufactures tyres for passenger cars, two-wheelers, trucks and buses, light commercial vehicles, earth-movers, forklifts, tractors, trailers, and auto-rickshaws. The current capacity of CEAT tyres' plants is over 800 tonnes per day.[4] The company has manufacturing plants in Halol (Gujarat),[5] Butibori, Nagpur (Maharashtra),[6] Bhandup, Mumbai (Maharashtra), Nashik (Maharashtra),[7] Ambernath (Maharashtra),[8] and Chennai (Tamilnadu).[9]

  1. ^ "CODE OF FAIR DISCLOSURE AND CONDUCT" (PDF).
  2. ^ "What's in that name?". @businessline. 10 March 2016. Retrieved 9 September 2020.
  3. ^ "CEAT: its past and its present – Aragorn Group". Retrieved 9 September 2020.
  4. ^ – About us
  5. ^ "Nomura report highlights CEAT's emphasis on automation at Halol plant". MoneyControl.
  6. ^ "CEAT invests Rs 400 cr in new plant in Nagpur". ProjectsToday. 12 December 2014.
  7. ^ "CEAT Embraces Emerging Trends, Plans US Foray". Mobility Outlook. Retrieved 8 November 2024.
  8. ^ www.ETAuto.com. "Ceat plans INR 900 crore capex to ramp up OHT capacity and for plant optimisation - ET Auto". ETAuto.com. Retrieved 8 November 2024.
  9. ^ "Ceat to expand Chennai plant". The Economic Times. 19 October 2024. ISSN 0013-0389. Retrieved 8 November 2024.