Ceat Ltd has announced another round of reduction in the prices of its truck tyres, thus passing on to the customers the entire benefit of the 2 per cent excise duty reduction announced by the government.
This is the third round of price cuts announced by Ceat within a span of 3 months, the first tyre manufacturer to do so. The new prices will be effective all India with immediate affect.
Speaking about this initiative Arnab Banerjee, VP – Marketing & sales Ceat Ltd said, "Ceat's decision to further reduce the cost of its tyres is part of the company's belief of giving optimum benefit to its consumers.