Ceat to raise around USD82 million to fund ongoing expansion projects–report
Indian tiremaker is ramping up production capacity at its Gujarat plant; also investing in first factory in Bangladesh
Indian tiremaker Ceat, which plans to raise INR5 billion (USD82.4 million) through issue of securities, will use majority of the proceeds to finance its ongoing capacity expansion projects in Gujarat, India and Bangladesh, reports The Press Trust of India (PTI).
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