Ceat

Beginning its journey in Turin, Italy in 1924, CEAT has grown to become a global brand with a presence across more than 110 countries and a major player in India. The company's core purpose statement, 'Making Mobility Safer & Smarter. Every Day', drives its commitment to keeping customer safety at the helm of its business. The company is implementing key megatrends of Electrification, Premiumisation, Internationalisation, and Digitisation to create shared value for all its stakeholders. It produces best-in-class tyres for 2/3 wheelers, passenger and utility vehicles, commercial vehicles, and off-highway vehicles for customers across its markets. The company's strategy focuses on sustainable growth through channel expansion, strengthening OEM relationships, and developing market-specific products for global expansion. In FY 2023-24, CEAT produced more than 48 million tyres, demonstrating its large-scale manufacturing capabilities and achieving an average capacity utilization of around 80%.;