CEAT has entered into Share Subscription and Shareholders’ agreement with E-Fleet Systems for making investment of not exceeding Rs 4 crore in E-Fleet. The company is investing in the business of E-Fleet to develop a stronger relationship with E-Fleet through which it can offer its application to its fleet customers who are more and more looking for a comprehensive technology solution to optimize their businesses.
CEAT is among the best tyre manufacturers in India. It manufactures a wide range of tyres for two-wheelers, three-wheelers, four-wheelers, tractors and tippers and trucks. Besides tyres, the company also manufactures and markets tubes and flaps.