Thriam
Thriam
LMW
LMW
OEM Update
.

‘Margins under pressure for tyre manufacturers’

By June 21, 2011 12:31 pm IST

Backed by the strong growth in auto sales, tyre production in India has been on the rise over the last couple of years. However, ever-increasing rise in rubber price has hit the margins of tyre manufacturers. In an interview with OEM Update; Anant Goenka, deputy managing director at CEAT Limited expresses his concern
 
Post recession, at what rate has the tyres manufacturing industry in India been growing? What has been the growth for CEAT Tyres?
In FY 2010-11, the tyre industry grew by 24 per cent. CEAT has also grown by 24 per cent in FY11.
 
What strategies do you have to improve your market share?
We are increasing our investments in the brand and expanding our capacity in high growth segments like motorcycles, last mile, passenger car and truck radial tyres.
 
What is your current production capacity? What are your CAPEX plans for ramping-up production capacity of Halol facility?
Halol plant has become operational in FY 10-11. Our two largest segments are truck and light truck where we produce 2047000 and 749000 numbers tyres every year respectively. At Halol, we have invested Rs. 620 crore, we should reach 150 MT/day in a year’s time.
 
You are also going to set-up a facility at Ambernath in Maharashtra. Can you brief us about this facility in details? What is the production capacity expected?
We have recently acquired some land for a future plant. We are still working on the details.
 

Advertising

OEM Android App

Your future advertising space? Our media data

Cookie Consent

We use cookies to personalize your experience. By continuing to visit this website you agree to our Terms & Conditions, Privacy Policy and Cookie Policy.

Tags:
OEM Update QR Code
OEM Update QR Code

Events

AMTS China
AMTS China
India Fastener Show
India Fastener Show
India Manufacturing Show
India Manufacturing Show
4th IFFE EXPO 2025
4th IFFE EXPO 2025
Factory Automation Expo 2025
Factory Automation Expo 2025
17th ENGIMACH 2025
17th ENGIMACH 2025
LWOP
LWOP
IFAT India 2025
IFAT India 2025
Laser Engineering Technology Expo
Laser Engineering Technology Expo
Auto EV Bharat 2025
Auto EV Bharat 2025

eMagazine June 2025

eMagazine June 2025
eMagazine June 2025

Do you want to advertise here? Contact us

Our Sponsors

B&R Automation
B&R Automation
Pragati Gears
Pragati Gears
Carl Zeiss India
Carl Zeiss India
Maco-c
Maco-c
igus
igus
Delta Electric
Delta Electric
Ravik Engineers Private Limited
Ravik Engineers Private Limited
Cumi
Cumi
Marvel Machinery
Marvel Machinery
UNP Polyvalves India Pvt Ltd
UNP Polyvalves India Pvt Ltd
ENS Oils & Lubricants
ENS Oils & Lubricants
Super Slides
Super Slides
Quality Spares Center
Quality Spares Center
IMTMA- IMTEX 24
IMTMA- IMTEX 24
ACE Micromatic Group
ACE Micromatic Group
Accu Sharp
Accu Sharp
Poonam 3D Prints
Poonam 3D Prints
Chicago Pneumatic Tools
Chicago Pneumatic Tools
Shree Rapid
Shree Rapid
Yash Dynamice
Yash Dynamice
Amsak Cranes
Amsak Cranes
Molygraph
Molygraph
Exorint
Exorint
Exon mobil
Exon mobil