Ceat Tyres to set up new two and three wheeler tyre manufacturing plant in Nagpur

The foundation stone of Phase 1 of this new plant was laid by Devendra Fadnavis, Chief Minister of Maharashtra.

CEAT India new plant Butibori
Shri. Devendra Fadnavis, Chief Minister of Maharashtra, State Industries Minister, Shri. Subhhash Desai and Mr. Anant Goenka, MD CEAT at the Foundation Stone laying ceremony of CEAT’s New Plant in Nagpur

Ceat Tyres has confirmed that the state of the art plant in Butibori, Nagpur will be set up in three phases. Phase I will see investment of INR 400 crores while the first tyre is slated to be rolled out by April 2016. The upcoming plant in three phases is spread over an area of 60 acres and will see total manufacturing of 1.2 million units of two and three wheeler tyres every year. The plant will use fully automated manufacturing machinery acquired from global markets to achieve highest standards.

Once first phase is operational, doubling of capacities over the next two years will ensure that the company adds impetus to their market share while the new Butibori plant will also ensure lower logistic costs due to its centralized location. The plant’s production process will have ISO 14001 certification for environment management systems and OHSAS 18001 for safety, health and environment. The Nagpur plant will be a zero discharge plant with every building being green and environmentally friendly.

RPG Group owned Ceat Tyres also has two other factories in Maharashtra, once each in Mumbai and Nasik, while their largest tyre plant is in Halol, Gujarat. Once fully operational, the upcoming Nagpur plant will be on par with these other plants where capacities are concerned and will employ over 1,000 persons despite the fact that the plant will be fully automated.