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In 1994, Kelani Tyres was listed on the Colombo Stock Exchange. In 2022, CEAT was amongst the 100 most valuable brands in Sri Lanka. The company moved to meet the total domestic demand for bus and truck tyres which would save LKR11 billion in foreign exchange through import substitution.
Richard Piries Company is the market leader and the pioneer in the tyre Retread industry of Sri Lanka and commands a market share of nearly 60%. In addition to that, it has become the largest Retreader in the whole of South Asia which is a remarkable achievement for a Sri Lankan company.
The CATV is a 4x4 ATV. The vehicle was designed by Sri Lankan Engineers from Ideal Motors and the Navy. The engine, gear system and the chassis is produced by Mahindra while the rest is fabricated locally reducing costs to LKR 8 million while an imported vehicle would cost LKR 20 million.
In 1999, CEAT formed a joint-venture, named as CEAT Kelani, with Asia MotorWorks (AMW) and Kelani Tyres, to manufacture and market [16] CEAT tyres in Sri Lanka. in 2006, CEAT Kelani commissioned their first Sri Lanka–based radial-tyre manufacturing unit in Kalutara. [15] In 2009, AMW exited the joint-venture. [17]
A Lanka Ashok Leyland bus in Sri Lanka in 2013. Lanka Ashok Leyland (LAL) in Sri Lanka was formed in 1982 and started its operations in 1983 as a joint venture between Lanka Leyland Ltd (a wholly owned company of the Government of Sri Lanka) and Ashok Leyland Ltd India. LAL imports commercial vehicles in both knock down kits and fully built ...
The tyre load index (LI) on a passenger-car tire is a two- or three-digit numerical code used to cross-reference a load & inflation table that will give the maximum load each tire can carry at a given pressure. The load index is sometimes used in conjunction with the load range, which appears elsewhere on the tire.
In 2009 the company was acquired by the UAE-based Onyx Group which is owned by the Sri Lankan businessperson Sri Lanka Investment Corporation and re-branded as "Ceylon Steel" Corporation Limited. [5] [6] On 2020 Lanwa Sanstha announced they plan to build massive cement corporation under the name of Lanwa Sanstha Cement Corporation. The company ...
The plant will come up over a 200-acre site in Chinnapanduru village near Sri City in Tirupati district and produce passenger car radial (PCR) tyres with an initial capacity of 55 lakh (5.5 million) tyres per year and also truck bus radial (TBR) tyres and will serve both domestic and export markets. [22] [23]