Strengthening position in domestic replacement; expanding into export markets

Company

10 Jun 2024 | 5 Min Read

CEAT is strengthening its position in domestic replacement and expanding into export markets.

The company aims to achieve market leadership in the PCR segment.

It plans to maintain leadership in 2W replacement and increase export revenue contribution.

CEAT is cautious about capex to sustain double-digit ROCE.

The company is optimistic about growth prospects despite rising commodity prices.

It aims to achieve market leadership in the PCR category over the next 2-3 years.