MUMBAI, India (Feb. 9, 2012)—Ceat Ltd. plans to build a tire plant in Bangladesh.
The Indian tire maker said, in a filing with a local stock exchange, that the factory will have the production capacity of 65 metric tons per day.
The facility primarily will produce truck and light truck tires, and about 20 percent of its capacity will be used to manufacturer tires for two- and three-wheel vehicles.