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Revenue to grow at 5% in domestic tyre mkt in FY16: CEAT

In a CEAT analyst meet, the company said it is expecting revenue growth in domestic tyre market and margin growth in two wheeler and PV segments this year.
Michelin plant to start tyre production by November 2012

French tyre giant, Michelin’s Rs 4000 crore manufacturing plant will begin producing 300,000 truck tyres in November 2012. Sandeep Srikanth of CNBC-TV18 spoke to the company’s India head, Prashant Prabhu on the company’s choice of the truck and bus segment and their growth plans in India.

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Truck Tyres

Revenue to grow at 5% in domestic tyre mkt in FY16: CEAT

Michelin plant to start tyre production by November 2012