Formerly | Cavi Elettrici e Affini Torino |
---|---|
Company type | Public |
Industry | Tyres & Tubes |
Founded | 1924Turin, Italy | , in
Founders | Virginio Bruni Tedeschi |
Headquarters | Worli, Mumbai, India |
Key people | Harsh Goenka (Chairman) Anant Goenka (Vice Chairman) Arnab Banerjee (MD & CEO) |
Revenue | ₹11,963 crore (US$1.4 billion) (2024) |
₹894 crore (US$110 million) (2024) | |
₹635 crore (US$76 million) (2024) | |
Total assets | ₹9,994 crore (US$1.2 billion) (2024) |
Total equity | ₹4,052 crore (US$490 million) (2024) |
Number of employees | ~8,000 |
Parent | RPG Group |
Website | ceat |
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]