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.
Does your business have a shortage of young skilled workers?
|Yes, there are no young people working at our company.||
16% (26 votes)
|Yes, but we’re grooming a few young workers.||
36% (59 votes)
|No, we have a good mix.||
24% (39 votes)
|We’re desperate for young workers and think the industry should do more to offer training opportunities.||
24% (39 votes)
|Total votes: 163|