Lankapage Logo Recent Top Stories
CP 14 YEARS
Go Home Home Serving the Sri Lankan community globally since 2000
go to LankaPage.com

Leading News from Sri Lanka::

* Sri Lanka's CEAT Kelani Holdings opens radial tire plant
Wed, Jun 11, 2014, 12:09 pm SL Time, ColomboPage News Desk, Sri Lanka.

June 11, Colombo: Sri Lanka's leading tire manufacturer, CEAT Kelani Holdings Tuesday opened its new radial tire production plant at its manufacturing complex in Kelaniya.

Economic Development Minister Basil Rajapaksa declared open the new hi-tech production facility for radial tires for passenger cars and sports utility vehicles (SUVs).

CEAT Kelani Holdings, a joint venture between India's RPG Group and Sri Lanka's Kelani Tyre, has invested Rs. one billion for the newly built radial tire production plant.

When the new production plant starts production, CEAT Kelani will increase its radial tire building and curing capacity from 1.1 million to 1.3 million tires annually.

CEAT, as the market leader in Sri Lanka in both the radial and commercial tire segments, has accounted for nearly 50 percent of the country's tire requirements.

CEAT Kelani is also contemplating to set up a Rs 6.5 billion truck radial plant at its Kelaniya premises, N. C. Venugopal, Managing Director and CEO of CEAT Kelani Holdings said at the opening of the radial tire plant.

ColomboPage - Recent 10 Stories
Colombo's first Seychelles forum attracts Sri Lankan businesses
-- [2 hours ago]
Sri Lanka main ruling party denies any connection to attacks on opposition political party offices
-- [3 hours ago]
Sri Lanka police opens new station in Nilaveli
-- [3 hours ago]
External Affairs Minister reviews progress of Sri Lankan missions in Europe
-- [3 hours ago]
India-assisted industrial park in former Sri Lanka war zone to attract potential local and foreign investors
-- [4 hours ago]
India funded development projects worth Rs. 365 million inaugurated in Northern Sri Lanka
-- [4 hours ago]
Sri Lanka Tourism's mega taxi advertising campaign in Germany draws high response
Sri Lanka launches program to grant concessionary loans to Divineguma beneficiary families
Sri Lanka Election Commissioner asks IGP to strengthen security in Uva Province
SME's in Japan invited to set up their manufacturing facilities in Sri Lanka

Copyright © 2000, 2014 by LankaPage.com (LLC) :
The news and other contents on ColomboPage are copyrighted property of LankaPage.com, LLC. Any unauthorized use of any information on ColomboPage may constitute a violation of copyright laws. You need written permission to reproduce, republish, post, transmit, broadcast or distribute, material from this site from LankaPage.com, LLC. However, news organizations or broadcasters in Sri Lanka may republish the news items in ColomboPage with proper acknowledgment to ColomboPage.