News On Projects
Products & Services
Projects Database
Tenders Database
E - Newsletter
EPXonline.com
Project Financing
Contracts & Awards
Energy
Electricity
Mining
Oil & Gas
Infrastructure
Airport
Port
Railway
Road
Freezone
Construction
Manufacturing
Cement
Engineering
Automobile
Plastic
Metal
Textile
Paper & Packaging
Leather
Sugar
Edible Oil
Electrical & Electro
Processing
Chemical
Drugs & Pharma
Fertiliser
I-C-T
Communication
IT
Telecom
Water
Pump Station
Water Treatment
Water Supply
Hospitality
Hotel
Restaurant
Resort
Entertainment
Sports
Multiplex
Theme Park
Food & Beverages
Hospital
Service
Social
Science
Irrigation
Government
Policy
Economic Indicators
Company News
Commerce
Miscellaneous
News Uploaded On : Friday, December 12, 2014 9:03:00 AM IND Back  |  Latest Projects  |  Latest Tenders
 
 E-mail this to a friend        Printable version       Story Viewed 2031 Times
CEAT plans Rs. 400-cr investment in Nagpur plant.
Tyre-maker CEAT Tyres is setting up a new plant in Butibori, Nagpur, and will invest Rs. 400 crore in the first phase of what will be a three-phase investment.

Devendra Fadnavis, Chief Minister of Maharashtra, laid the foundation stone for the plant, which is scheduled to begin operations by April 2016.

Spread across 60 acres of land, the plant is expected to manufacture 1.2 million tyres.

"With this plant we are looking to double our capacities within two years. This will give us the added impetus to increase our market share," Anant Goenka, Managing Director, CEAT Ltd., said in a statement.

The new plant will be equipped with highly automated manufacturing machinery chosen from the world market, and will manufacture two- and three-wheeler tyres. The production process will have the ISO 14001 certification for environment management systems and OHSAS 18001 for safety, health and environment.

Two-wheeler production volumes are expected to double in the next two years owing to the capacity.

HBL

Post your comments:

Your name: *
E-Mail Id:
E-mail ID will not be published
Comment: *
Maximum 500 Characters
    
Related Stories
Tyremakers in India line up aggressive capacity expansion plan
Ceat to invest Rs. 330 cr in OTR radial tyres plant.
JK Tyres to manufacture 2-wheeler & 3-wheeler tyres.
Ceat Tyres to set up Rs. 1,200 crore plant in Butibori.
Yokohama starts commercial production in India.
Taiwanese tyre-maker Maxxis to set up Rs. 400 cr plant in Sanand.
Apollo Tyres board approves expansion plans at Chennai.
Apollo Tyres to invest Rs. 2,050 crore to upgrade Chennai plant facilities.
Apollo Tyres to expand production capacity at Chennai plant.
Apollo Tyres to expand Chennai facility.
RELATED PROJECTS & TENDERS
ADVERTISEMENT
MOST POPULAR STORIES NOW
For all enquiries please contact
Tel: 022 - 25961254, 25960909
Mobile: 9821464666/09751178830
Mail: marketing@newsonprojects.com

OUR OTHER PRODUCTS & SERVICES:    Projects Database   |   Project e-Newsletter   |   Tenders Database   |   Commissioned Power Plants   |   Company Index
About Us   |   Contact Us   |   Terms of Use   |   Advertise with Us   |   Privacy Policy   |   Disclaimer   |   Feedback