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Ceat establishes Brazil subsidiary

Author: Stephen Goodchild Comments: 0
Image: jorono; Pixabay

According to notifications sent to BSE and the National Stock Exchange of India, tyre maker Ceat Ltd. has set up a wholly-owned subsidiary in Brazil. Ceat Brazil Tires Servicos Ltda has been incorporated, effective 2 October 2023 as an entity for trading products on behalf of Ceat Ltd. Ceat reports that this subsidiary is “yet to commence business.”

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