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CEAT Kelani wins National Business Excellence Award

CEAT Kelani Holdings has won its second consecutive National Business Excellence Award for excellent performance and contribution to the economic growth of the country.


CEAT Kelani Holdings Managing  Director and CEO, N C
Venugopal (right) receives the award

An indo-Sri Lanka joint venture between Kelani Tyres PLC of Sri Lanka and CEAT Ltd., of the RPG Group of India, CEAT Kelani was the winner in the 'Manufacturing - Large Scale' (Others) category at the 2011 edition of this annual awards presentation of the National Chamber of Commerce of Sri Lanka (NCCSL).

This is the third high-profile award won by the company for business performance and quality standards in 2011.

"It is most encouraging for CEAT Kelani to be once again recognised as a corporate entity that has made a substantial contribution to the national economy," the company's Managing Director and CEO, N C Venugopal said. "Passion for consistent improvement in all aspects has been, and will continue to be, one of the key defining characteristics of CEAT Kelani Holdings," he said.

CEAT Kelani's spectacular business and financial performance in FY 2010-11 was a key factor in winning this accolade, the company said. CEAT Kelani reported sales of Rs 8.4 billion with domestic sales contributing Rs 6.4 billion and a growth of 57 percent in sales value and 37 percent in sales volume, in the last financial year.

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