CEAT Ltd, a leading tyre maker, expects double-digit growth in replacement and international businesses this fiscal year, despite rising natural rubber prices.

CEAT Ltd, a leading tyre maker, anticipates double-digit growth in its replacement and international businesses this fiscal year, despite rising natural rubber prices causing product rate hikes. CEO Arnab Banerjee credits robust demand and rural market recovery for the optimistic outlook. The company has already implemented a 2-2.5% price increase in the replacement segment since May, with another round expected in late July.

July 21, 2024
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