CEAT-Kelani wins National Business Excellence Award
Top tyre manufacturer CEAT-Kelani Holdings has been conferred the
prestigious National Business Excellence Award for 2012 by the National
Chamber of Commerce of Sri Lanka (NCCSL).
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CEAT Kelani Holdings MD/CEO Tanmay
Agarwal, receives the NBEA Award from the Chairman of Ports
Authority Dr. Priyath B Wickrama and the Secretary to the
National Chamber of Commerce Sujeewa Samaraweera. |
This is the third consecutive year that the company has won this
accolade in the 'Manufacturing - Other Sector' at this event,
demonstrating sustained business excellence while contributing to the
economic progress of the country.
CEAT Kelani Holdings also obtained high scores in other areas of
assessment for the award which included - global reach, knowledge
integration, technological investment, capacity building, performance
management, corporate governance and corporate social responsibility. A
50:50 Joint Venture between CEAT Ltd India (part of the RPG Group) and
Kelani Tyres PLC of Sri-Lanka, CEAT-Kelani Holdings reported a turnover
of Rs 9.6 billion in 2011-12, with strong and consistent double digit
growth in both domestic and export sales.
CEAT Kelani Holdings' Managing Director and CEO Tanmay Agarwal
commented: "Winning a National Business Excellence Award for three years
in a row demonstrates a high degree of consistent performance in a
difficult, competitive and economically challenging environment. This
award is testimony to the strength of this joint venture, and the
commitment of the joint venture partners and all the employees of
CEAT-Kelani Holdings, towards business excellence. It also reflects the
trust and confidence that all our dealers and customers have reposed in
the 'CEAT' brand. This is a journey and we continue to institutionalize
best practices and continuously deliver value to our customers."
The largest manufacturer of international quality tyres in the
country, CEAT-Kelani Holdings is a market leader in Truck/Light Truck, 3
Wheel and Passenger Car segments and continues to be committed to
creating capacity and employment for future growth.
Through investments in technology and research, the joint venture has
been constantly improving product quality and the range of Tyres to meet
customer needs. The 'MileXL' in the Truck Category and 'Milaze' in the
Passenger Car category are some recent introductions in the premium
range.
CEAT Kelani Holdings operates three manufacturing units in Sri Lanka
manufacturing truck, light truck, radial, motorcycle, three-wheeler and
agricultural tyres and employs a workforce of 1,000 people. CEAT Kelani
Holdings was also the winner of the Sri-Lanka National Quality Award in
2010.
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