Once Ceat completes the acquisition of Camso brand over next three years, it will also be able to sell conveyor belt tracks over time, and it also lays ground for Ceat's entry into the compact construction equipment business, the company said.
The question is: can tyre makers pass on these input cost increases to the consumer, mainly in the replacement market, without puncturing demand?
AK Bajoria, President and Director, JK Tyre says tyre imports into India amounts to 25-30 percent in the truck/bus radial segment and upto 45 percent in the passenger car space.