FUTURE CEAT Chairmans Speech

Dear Shareholders,

The global automobile sector, whose fortunes are closely linked with
the performance of the global economy remained muted, having a domino
effect on demand in the tyre industry.

The situation in India was mixed with the auto sector showing moderate
demand, particularly in commercial and farm segments as well as
exports. Sectors like IT, pharma and financial services continued to
perform well. The well-laid macro foundations by the new government
together with the latest trends of revival in capital expenditure augur
well for a turnaround in the economy.

At CEAT, we continue with our strategic initiatives focussing on market
share expansion in profitable segments and creation of a strong brand
both locally and globally. We have also embarked on an expansion in our
capacities which should be completed during FY 2015-16. Our emphasis
has been on building tyres which are not just world-class but also the
safest on the road and the most environment-friendly. We are also
working on leveraging the benefits of digital technology particularly
in manufacturing, supply chain and other key business processes. The
volatility in commodity prices especially rubber remains a challenge.

On the people front, CEAT continues its efforts to create an exciting
workplace adopting pioneering practices. CEAT has also embarked on
several social initiatives including education, employability and
environment protection.

CEAT''s transformational journey has yielded success leading to
visible value creation for customers and shareholders alike.


Harsh Vardhan Goenka

Chairman, Non-Executive Director

CIN: U67190WB2003PTC096617. Trading in Commodities is done through our Group Company Dynamic Commodities Pvt. Ltd. The company is also engaged in Proprietory Trading apart from Client Business.

Disclaimer: There is no guarantee of profits or no exceptions from losses. The investment advice provided are solely the personal views of the research team. You are advised to rely on your own judgment while making investment / Trading decisions. Past performance is not an indicator of future returns. Investment is subject to market risks. You should read and understand the Risk Disclosure Documents before trading/Investing.

Disclosure: We, Dynamic Equities Private Limited are also engaged in Proprietory Trading apart from Client Business. In case of any complaints/grievances, clients may write to us at compliance@dynamiclevels.com

  • Download our Mobile App
  • Available on Google Play
  • Available on App Store
  • RSS