CEAT wins joint first place at Productivity
CEAT Sri Lanka’s victory at the provincial stage of the National Productivity Awards was converted to an all-island honour this week when the country’s top pneumatic tyre maker was awarded joint first place in the Large Scale Manufacturing category.
The National Productivity Awards recognise significant achievements in the enhancement of productivity in many spheres, including, labour, materials, energy consumption, and capital.
For CEAT Sri Lanka, which accounts for 60 per cent of the commercial tyres on the country’s roads, the National Productivity Award acknowledges the company’s consistent year-on-year improvements in labour productivity measured in terms of manufactured kilograms per man hour and its success in manufacturing productivity by keeping the cost of converting raw materials into finished product competitive in the domestic and export markets, according to a company press release.
CEAT Sri Lanka is the largest manufacturer of pneumatic tyres in the local market, with a range that includes tyres for motorcycles, three wheelers, passenger buses, light trucks, trucks, tractors and radials.