Expect double-digit growth in replacement, international business despite rubber price hike: CEAT

CEAT Ltd anticipates double-digit growth in replacement and international business this fiscal despite rising natural rubber prices, prompting product rate hikes. MD and CEO Arnab Banerjee foresees ongoing price increases but remains optimistic about steady growth, citing robust demand and rural market recovery. The company experienced strong topline growth in Q1, aiming to maintain double-digit growth in replacements and international sectors.