CEAT AKKHAN Ltd.: Driving Bangladesh’s Tyre Industry
CEAT AKKHAN Ltd. is a joint venture company between CEAT Ltd.; one of the largest global tire manufacturing companies from India and A K KHAN and Co. Ltd, being one of the largest and the most respected business houses in Bangladesh. We are setting up most advanced tire manufacturing facility in Bangladesh.
It’s our commitment to provide quality tires that our domestic and export markets have created a need for. We are proud of developing the manufacturing sector of Bangladesh and generating employment opportunities for the people.
| Key Information | Details |
|---|---|
| Joint Venture Partners: | CEAT Ltd. (India) and A K KHAN Co. Ltd. (Bangladesh) |
| Investment: | US$67 million |
| Daily Production Capacity: | 110 metric tons |
| Expected Start of Production: | 2014 |
| Employment Opportunities: | Direct and indirect employment for 1,000 people |
| Market Focus: | Local and export markets |
| Manufacturing Facility: | State-of-the-art |
| Significance: | Largest investment by an Indian company in Bangladesh’s manufacturing sector |
Conclusion:
CEAT AKKHAN Ltd. is a potential strategic alliance that will spur on the growth in the tyre industry here in Bangladesh. The rich experience of tyre making at CEAT blended with the strong local presence of A K KHAN has thus endowed this company with the wherewithal to provide good service to the consumers through its high-quality tyres and contribute to the economic development of the country.
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