Arnab Banerjee was elected at the Managing Committee Meeting (MCM) of the association held on Thursday evening, Automotive Tyre Manufacturers Association (ATMA) said in a statement.
With crude prices rising again after the recent geopolitical disturbance, there is uncertainty over crude-based raw material costs and if prices increase it could be a dampener to future growth.
The company, which has successfully partnered with kirana store operators, small automobile spare parts sellers and puncture repair shops, feels that it has more or less "saturated" penetration in places with 25,000 population in the country and there is a need to go to even lesser populated areas for its two-wheeler tyres.
Raw material prices have not had much impact on the company, says Arnab Banerjee of Ceat. Rubber prices were flat across Q1, which are expected to move at same level in the third quarter as well.
In an exclusive chat with CNBC-TV18, industry captains shared their views on the importance of brand building and increasing value for customers.
In an interview to CNBC-TV18, Arnab Banerjee, ED – Operations at Ceat presents his outlook on the company's business going forward.
As the strike at Nashik plant of Ceat Tyre entered the fourth day, causing production loss of around 200 tonne a day, management and union made contradictory claims today.