🟡 Medium ImpactAuto
CEAT plans ₹1,400 crore capex for capacity expansion by FY27
CEAT plans ₹1,400 crore capex for capacity expansion by FY27.
Capacity utilisation at its Indian plants has crossed 90%, prompting the company to scale up production. The investment aims to strengthen its tyre manufacturing footprint and meet rising demand. This move signals long-term growth and operational scaling.
📊 STOCKS: CEATLTD | 🏢 SECTOR: Auto | #MEDIUMIMPACT #Capex
#Capex#Expansion#Manufacturing
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⚠️ This brief is AI-generated from public news sources for informational purposes only. Not investment advice. Always consult a SEBI-registered advisor before trading.
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