The Camso integration is expanding CEAT Specialty’s presence in construction and other non-agricultural applications as Ambernath capacity rises from 105 to 160 tonnes per day.
With Camso included, the agriculture and non-agriculture mix is expected to move towards 50:50.
CEAT Specialty is expanding its off-highway tyre business beyond agriculture as the integration of Camso opens up new construction and material-handling categories, with the company increasing capacity at its Ambernath plant to support demand from export markets . The company expects to maintain double-digit growth in its specialty business this year, with the Ambernath facility operating at around 90–95 per cent utilisation. Its installed capacity of 105 metric tonnes per day is set to increase to 160 tonnes per day over the next 45–60 days, according to Amit Tolani, CEAT Specialty. Advt
The Ambernath plant is primarily export-oriented, with around 90 per cent of its output going to overseas markets. Europe and North America are the largest markets, while Brazil is the company's largest market in South America. The OHT business contributes around 20 per cent of CEAT Tyres' overall revenue, according to company inputs. Camso changes the business mix
CEAT Specialty's off-highway business was largely focused on agriculture before its agreement with Michelin for the Camso brand. Tolani said around 85 per cent of the business was agriculture and 15 per cent construction before the Camso integration .
"Camso as a brand is known for its construction material handling solid tyres, and it was a natural fit for us in terms of completing our portfolio on a product side," Tolani said.
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