🏆 CEAT Kelani Secures Double Honours at CNCI Achiever Awards 2025

Source

CEAT Kelani Holdings won the National Silver Award and a Top 10 award in the 'Extra-Large Manufacturing Sector' at the prestigious 2025 CNCI Achiever Awards, cementing its status as a foremost industrial enterprise. • The double honours recognize the company's excellence across multiple stringent criteria, including financial strength, value addition, productivity, innovation, quality assurance, and environmental/social commitment. • Financial Outlook & Investment: • Fitch Ratings reaffirmed its National Long-Term Rating at ‘AA+(lka)/Stable’ for the fourth consecutive year. • The company projects an 18% increase in sales volume in FY2025, with a 10% Compound Annual Growth Rate (CAGR) projected through FY2028. • A new investment of Rs. 4.5 Bn is pledged for acquiring advanced technology and quality improvements across the product portfolio. • Sustainability & Operational Excellence: • Operations are guided by its proprietary Quality Based Management (QBM) system. • Environmental initiatives include a 2.4 MW rooftop solar power system and quantification of GHG emissions (ISO 14064-1:2018). • Social responsibility efforts include educational support for the children of the rubber cultivator community.

Listen to this article

Duration: 1:34