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 Lankan government clarifies global law firm's role in consultations in response to media reports
-- [4 minutes ago]
Sri Lanka port to expand services to be among the world 20 best ports by 2020
-- [58 minutes ago]
Sri Lanka armed forces annual joint field exercise Cormorant Strike to commence on September 3
-- [1 hour and 32 minutes ago]
Foreign Ministry organizes mobile consular service in Nallur, Jaffna from August 28 -31
-- [2 hours ago]
Five businessmen barred from leaving the country over millionaire businessman's murder
-- [2 hours ago]
Sri Lanka raises levy on imported potatoes
-- [2 hours ago]
Five Sri Lankans drowned in Camber Sands seas in East Sussex identified
-- [3 hours ago]
Minister Rishad Bathiudeen sends Letter of Demand to local newspaper for Rs. 1 billion over 'false' report
-- [4 hours ago]
Tillakaratne Dilshan to retire from ODI Cricket
-- [4 hours ago]
Minister Ravi Karunanayake to attend 8th SAARC finance ministers' summit in Islamabad

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.