Ceat JV building tyre plant in Bangladesh

摘要

A Ceat Ltd. joint venture in Bangladesh has secured 27.5 acres of land in that country for a tyre plant the Indian tyre maker is planning to build in partnership with a diversified Bangladeshi industrial and trading firm. Ceat and joint venture partner A.K. Kahn & Co. Ltd. plan to invest $67 million to build the plant for bias-ply light and medium truck and two-wheeler tyres.