CEAT eyes double-digit volumes, bets on fresh price hikes to pass on high input costs, CFO says

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CEAT anticipates sustained double-digit volume growth for the next three to five years, despite recent price hikes to offset rising raw material costs. CFO Kumar Subbiah highlighted that natural rubber prices remain at a 15-year high, impacting margins. The company is strategically diversifying its customer base to mitigate geopolitical risks and plans significant capacity expansions in passenger car, two-wheeler, and truck radial tyre segments.