Ceat to foray into China, ASEAN countries; seeks sourcing tie-ups

The company has imported
03 October 2003

Mumbai: The RPG group-promoted Ceat Ltd is exploring possibilities to foray into the China and ASEAN countries as part of its overseas expansion. The company is in talks with various tyre-manufacturing companies in these countries to source tyres for marketing purposes.

Says Ceat chief manager Sandeep Gulati: "We are weighing options to foray into the Chinese and ASEAN markets. We are looking for potential partners to source tyres to cater to these markets. We want to replicate the model which we have worked out with Pirelli Tires in Italy in these two new markets."