CEAT Specialty Expands with Camso, Eyes Global Growth
ECONOMY & POLICY

CEAT Specialty Expands with Camso, Eyes Global Growth

CEAT Specialty, the off-highway tyre (OHT) division of CEAT, is ramping up its global expansion strategy, aiming for a 70-30 export-domestic revenue split in the coming years. With exports currently contributing 50% of total sales, the company is strengthening its position in international markets through acquisitions, capacity expansion, and sustainability initiatives.

A key move in this direction is CEAT Specialty’s acquisition of Camso, a leading global OHT solutions provider. The deal significantly enhances CEAT’s presence in North America and the European Union—both high-margin markets with strong growth potential.

“Our decision to focus more on our international business is closely tied to our recent definitive agreement to acquire Camso, which has significant operations in both the European Union and North America. As a result of this proposed acquisition, we anticipate a natural shift in our business split towards these regions. Additionally, these markets offer more favorable margins, which makes them an attractive focus for our growth strategy,” said Amit Tolani, Chief Executive of CEAT Specialty.

Beyond the US and Europe, CEAT is also targeting Latin America, Australia, and parts of Asia, where demand for OHTs is rising. To support its export-driven growth, the company is expanding its Ambernath plant, aligning production capacity with global demand.

Capacity Expansion & R&D Investments

CEAT Specialty is boosting production capacity at its Ambernath plant, reinforcing its manufacturing capabilities. The company’s overall capacity stands at 500 tonnes per day across four plants, with an additional 350 tonnes per day expected from the Camso acquisition.

Simultaneously, the company is investing $25-30 million in research and development, with a strong focus on digital innovation, simulation technology, and intelligent tyre solutions. CEAT is developing tyres embedded with chips for predictive analytics in port applications and is also working on airless tyre technology in partnership with an Israeli startup.

Sustainability at the Core

Sustainability remains a priority for CEAT Specialty. The company’s ‘Sustained Max’ range incorporates eco-friendly materials like rice husk silica. Currently, 38-39% of its product portfolio consists of sustainable materials, with a target of increasing this to 54-55% over the next two to three years.

While European customers are more receptive to sustainable products, wider adoption will depend on customers' willingness to pay a premium. With the global OHT market expected to grow at a CAGR of 6-7% over the next five years, CEAT Specialty’s strategic investments in exports, capacity expansion, product diversification, and sustainability position it for substantial market share growth. The company is also strengthening its dealer network and digital capabilities to reinforce its foothold in key global markets.

CEAT Specialty, the off-highway tyre (OHT) division of CEAT, is ramping up its global expansion strategy, aiming for a 70-30 export-domestic revenue split in the coming years. With exports currently contributing 50% of total sales, the company is strengthening its position in international markets through acquisitions, capacity expansion, and sustainability initiatives. A key move in this direction is CEAT Specialty’s acquisition of Camso, a leading global OHT solutions provider. The deal significantly enhances CEAT’s presence in North America and the European Union—both high-margin markets with strong growth potential. “Our decision to focus more on our international business is closely tied to our recent definitive agreement to acquire Camso, which has significant operations in both the European Union and North America. As a result of this proposed acquisition, we anticipate a natural shift in our business split towards these regions. Additionally, these markets offer more favorable margins, which makes them an attractive focus for our growth strategy,” said Amit Tolani, Chief Executive of CEAT Specialty. Beyond the US and Europe, CEAT is also targeting Latin America, Australia, and parts of Asia, where demand for OHTs is rising. To support its export-driven growth, the company is expanding its Ambernath plant, aligning production capacity with global demand. Capacity Expansion & R&D Investments CEAT Specialty is boosting production capacity at its Ambernath plant, reinforcing its manufacturing capabilities. The company’s overall capacity stands at 500 tonnes per day across four plants, with an additional 350 tonnes per day expected from the Camso acquisition. Simultaneously, the company is investing $25-30 million in research and development, with a strong focus on digital innovation, simulation technology, and intelligent tyre solutions. CEAT is developing tyres embedded with chips for predictive analytics in port applications and is also working on airless tyre technology in partnership with an Israeli startup. Sustainability at the Core Sustainability remains a priority for CEAT Specialty. The company’s ‘Sustained Max’ range incorporates eco-friendly materials like rice husk silica. Currently, 38-39% of its product portfolio consists of sustainable materials, with a target of increasing this to 54-55% over the next two to three years. While European customers are more receptive to sustainable products, wider adoption will depend on customers' willingness to pay a premium. With the global OHT market expected to grow at a CAGR of 6-7% over the next five years, CEAT Specialty’s strategic investments in exports, capacity expansion, product diversification, and sustainability position it for substantial market share growth. The company is also strengthening its dealer network and digital capabilities to reinforce its foothold in key global markets.

Next Story
Infrastructure Transport

Tata, Airbus to Build India’s First Private Helicopter Line

In a landmark development for India’s aerospace sector, Tata Advanced Systems Limited (TASL) and Airbus will establish the country’s first private-sector helicopter assembly line in Vemagal, Karnataka. The facility will manufacture the Airbus H125 and H125M, marking a significant milestone in India’s push for self-reliance in aviation and defence manufacturing. The new Final Assembly Line (FAL) will produce the H125, the world’s best-selling single-engine helicopter, known for its versatility and performance in extreme environments. The first ‘Made in India’ H125 is expected to ro..

Next Story
Infrastructure Urban

NeGD to Support Bharat Taxi in Building Cooperative Ride Platform

In a significant move for India’s digital and mobility transformation, the National e-Governance Division (NeGD) of the Digital India Corporation, under the Ministry of Electronics and Information Technology (MeitY), has entered into an advisory partnership with Sahakar Taxi Cooperative Limited, the company behind Bharat Taxi — a first-of-its-kind, cooperative-led national ride-hailing platform. A Memorandum of Understanding (MoU) has been signed between NeGD and Sahakar Taxi to provide strategic advisory and technical support covering key areas such as platform integration, cybersecurity..

Next Story
Technology

MeitY Hosts Pre-Summit for India–AI Impact Summit 2026

The Ministry of Electronics and Information Technology (MeitY), Government of India, hosted a series of Pre-Summit events for the upcoming India–AI Impact Summit 2026 at the India Mobile Congress (IMC) 2025 in New Delhi. These sessions mark a key milestone ahead of the main summit, scheduled for 19–20 February 2026 at Bharat Mandapam, New Delhi. Delivering the inaugural address, S. Krishnan, Secretary, MeitY, highlighted India’s innovative and frugal approach to AI development. “We have adopted innovative means by learning from others’ experiences to build projects and products that..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Talk to us?