CEAT (company)
CEAT Limited (formerly, Cavi Elettrici e Affini Torino) is an Indian multinational tyre manufacturing company owned by the RPG Group. It was established in 1924 in Turin, Italy. It has a presence in global markets. CEAT produces over 165 million tyres a year and manufactures tyres for passenger cars, two-wheelers, trucks and buses, light commercial vehicles, earth-movers, forklifts, tractors, trailers, and auto-rickshaws. The current capacity of CEAT tyres' plants is over 800 tonnes per day.
| Formerly | Cavi Elettrici e Affini Torino |
|---|---|
| Company type | Public |
Traded as | |
| Industry | Tyres & Tubes |
| Founded | 1924, in Turin, Italy |
| Founders | Virginio Bruni Tedeschi |
| Headquarters | Worli, Mumbai, India |
Key people | Harsh Goenka (Chairman) Anant Goenka (Vice Chairman) Arnab Banerjee (MD & CEO) |
| Revenue | ₹11,332 crore (US$1.4 billion) (2023) |
| ₹974 crore (US$120 million) (2023) | |
Net income | ₹186 crore (US$23 million) (2023) |
| Total assets | ₹9,628 crore (US$1.2 billion) (2023) |
| Total equity | ₹3,439 crore (US$430 million) (2023) |
Number of employees | ~8,000 |
| Parent | RPG Group |
| Website | ceat |
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