CEAT lines up ₹1k-cr capex in FY25, flags margin woes

CEAT lines up ₹1k-cr capex in FY25, flags margin woes

RPG Group company CEAT has outlined a capital expenditure of ₹1,000 crore for the current fiscal even as it sees margin pressure continuing for another quarter due to consistent increase in the price of natural rubber, said managing director Arnab Banerjee.India imports almost half of its requirement of natural rubber, the price of which is … Read more