India's used car market, which has been growing steadily at 10-12 per cent over the last 2-3 years, is expected to reach $40 billion in FY26.
CEAT has increased prices of its products across various categories by 2 to 10 pr cent, citing increasing input costs.
Ceat Tyres, an RPG Enterprise-promoted company, would soon set up a sales and marketing division in Europe and the US by next year to increase its international footprint.
China has cast a long shadow on India's economy.