Current Issue

CEAT JV opens plant in Sri Lanka

Comments Email
(Ministry of Economic Development photo) Sri Lanka's Economic Development Minister Basil Rajapaksa talks with a worker at CEAT Kelani Holdings' new radial tire plant in Kelaniya at the plant's opening June 10.

KELANIYA, Sri Lanka (June 12, 2014) — CEAT Kelani Holdings has commissioned a radial car and truck tire plant in Kelaniya, according to Sri Lanka’s Ministry of Economic Development, valued at $7 million.

The new plant, operating as Asia Tyres (Pvt.) Ltd., opens with a rated capacity of 13 million units annually, according to the ministry. CEAT Kelani Holdings is a joint venture between India’s RPG Group and Sri Lanka’s Kelani Tyre.

Sri Lankan Economic Development Minister Basil Rajapaksa was on hand to cut the ribbon at a June 10 dedication ceremony. Also attending were Chanaka De Silva and N.C. Venugopal, chairperson and managing director/CEO, respectively, of CEAT Kelani Holdings, along with a delegation of Sri Lankan government officials.

The new plant was built on land at CEAT Kelani’s manufacturing complex in Kelaniya, the ministry said.

CEAT Kelani offers both bias-ply and radial tires for cars, vans, light and medium trucks, two- and three-wheelers, and agriculture equipment, along with tubes and flaps. It also operates a plant in Kalutara.

Photos and a video of the plant and ribbon-cutting are at the ministry’s website.

More Polls>

TB Reader Poll

Previous | Published November 19, 2015

Do you give any credence to news reports trying to link cancer in youth soccer players to crumb rubber used in artificial turf?

Yes. Where there’s smoke there’s fire.
(18 votes)
No. There’s no proof to make the claim.
(70 votes)
I’m undecided and think there needs to be an independent study.
(48 votes)
Total votes: 136