CEAT launches high-end tires for customers

22 Jan 2024 CW Team

In an effort to acquire a greater market share in the premium tyre segment, CEAT has introduced a line of premium steel radial tyres, which is set to be directly marketed to consumers.

The steel radial tyres, which were previously exclusively produced and distributed to Original Equipment Manufacturers (OEM), will now be accessible in the aftermarket.

Arnab Banerjee, the Managing Director and CEO of CEAT, shared, "Premium tyres have been a focal point for a few quarters, and the category is performing well. Consumers across various segments are willing to invest more in tyres. Although steel radial tyres constitute only 3 percent of the overall motorcycle segment, they are gaining significance. The product is characterised by its premium quality, including the advanced technology it incorporates. This segment contributes positively to margins, presenting a substantial opportunity. Our goal is to emerge as market leaders in this segment."

The steel radial tyres boast a construction with steel-belted radial design, ensuring superior handling at high speeds. These tyres are engineered to deliver stability at speeds of up to 270 mph.

Additionally, the company plans to extend its reach to rural areas and increase its touchpoints in the calendar year 2024. Having already made inroads into 615 districts and 10,000 towns, CEAT has formed collaborations with establishments selling Fast Moving Consumer Goods (FMCG) and essential products in rural markets.

Infrastructure Urban

05 Nov 2025

TBO Tek Q2 Profit Climbs 12%, Revenue Surges 26% YoY

TBO Tek Limited one of the world’s largest travel distribution platforms, reported a solid performance for Q2 FY26 with a 26 per cent year-on-year increase in revenue to Rs 5.68 billion, reflecting broad-based growth and improving profitability.The company recorded a Gross Transaction Value (GTV) of Rs 8,901 crore, up 12 per cent YoY, driven by strong performance across Europe, MEA, and APAC regions. Adjusted EBITDA before acquisition-related costs stood at Rs 1.04 billion, up 16 per cent YoY, translating into an 18.32 per cent margin compared to 16.56 per cent in Q1 FY26. Profit after tax r..

Northern Graphite, Rain Carbon Secure R&D Grant for Greener Battery Materials

Northern Graphite Corporation and Rain Carbon Canada Inc, a subsidiary of Rain Carbon Inc, have jointly received up to C$860,000 (€530,000) in funding under the Canada–Germany Collaborative Industrial Research and Development Programme to develop sustainable battery anode materials.The two-year, C$2.2 million project aims to transform natural graphite processing by-products into high-performance, battery-grade anode material (BAM). Supported by the National Research Council of Canada Industrial Research Assistance Programme (NRC IRAP) and Germany’s Federal Ministry for Economic Affairs a..

Antony Waste Q2 Revenue Jumps 16%; Subsidiary Wins Rs 3,200 Cr WtE Projects

Antony Waste Handling Cell Limited (AWHCL), a leading player in India’s municipal solid waste management sector, announced a 16 per cent year-on-year increase in total operating revenue to Rs 2.33 billion for Q2 FY26. The growth was driven by higher waste volumes, escalated contracts, and strong operational execution.EBITDA rose 18 per cent to Rs 570 million, with margins steady at 21.6 per cent, while profit after tax stood at Rs 173 million, up 13 per cent YoY. Revenue from Municipal Solid Waste Collection and Transportation (MSW C&T) reached Rs 1.605 billion, and MSW Processing re..