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
Sri Lanka Railways raise awareness in increasing railway accidents
Rice at wholesale prices from Sathosa outlets
President inaugurates Grama Shakthi poverty alleviation program
Court orders prison authorities to submit a report on absence of former Navy Spokesperson Commodore D.K.P. Dassanayake in court
Sri Lanka Railway unions suspend strike scheduled to begin midnight today
Sri Lanka Navy hands over 6 more detained fishing trawlers back to India
President warns of attempts to mislead people on a new constitution
Sri Lanka to launch a three-year comprehensive economic program targeting $ 5 bn FDI, $ 5,000 per capita income
Sri Lanka police arrest Buddhist monk wanted for attack on Rohingya refugees
Sri Lanka's Port City to draw first investment of USD 1 bn in mid-2018

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.