CEAT (company)


Cavi Elettrici e Affini Torino, commonly known by the abbreviation CEAT, is the flagship company of RPG Group. It was established in 1924 in Turin, Italy. As of date, CEAT is one of India's leading tyre manufacturers and has a presence in global markets. CEAT produces over 165 million tyres a year and manufactures tyres for passenger cars, two-wheelers, trucks and buses, light commercial vehicles, earth-movers, forklifts, tractors, trailers, and auto-rickshaws.The current capacity of CEAT tyres' plants is over 800 tonnes per day.

History

The company was founded as Cavi Elettrici e Affini Torino by Virginio Bruni Tedeschi in 1924, in Turin, Italy. On 10 March 1958, the company was incorporated as CEAT Tyres of India, in Mumbai. Initially, the company collaborated with the Tata Group. In 1972, the company set up a research and development unit at Bhandup. In 1981, Deccan Fibre Glass Limited was merged with the company.,
In 1982, RPG Group acquired the company, and in 1990, the company was renamed as CEAT. In 1993, the company collaborated with Yokohama Rubber Company, to manufacture radial tyres at their Nashik unit. In 1999, CEAT formed a joint-venture, named as CEAT Kelani, with Asia MotorWorks and Kelani Tyres, to manufacture and market CEAT tyres in Sri Lanka. in 2006, CEAT Kelani commissioned their first Sri Lanka-based radial-tyre manufacturing unit in Kalutara. In 2009, AMW exited the joint-venture.

Products

CEAT manufactures tyres for various types of vehicles like heavy commercial vehicles, light commercial vehicle, off-highway tyres, passenger cars, tractors, motorcycles and scooters, cycles and SUVs. It exports to countries across the Africa, Americas, Australia, and Asia.

Sponsorship

CEAT is the bat sponsor of cricketers Rohit Sharma, Shreyas Iyer,Mayank Agarwal, Ajinkya Rahane, Ishan Kishan Shubman Gill, and Harmanpreet Kaur. From 2015–18, CEAT sponsored the strategic-timeout for the Indian Premier League.