Business
CEAT breaks new ground with locally made high-performance 17-inch tyre
CEAT Kelani Holdings has taken its radial tyre manufacture to a new paradigm with the launch of the first of a range of high-performance 17-inch tyres for medium-sized SUVs like the Honda Vezel, a popular vehicle on Sri Lankan roads.
Designed, engineered and built for Sri Lankan conditions at the CEAT Kelani manufacturing complex in Kelaniya, the CEAT Secura Drive SUV 215/55 R17 tyre takes Sri Lanka’s highest-selling tyre brand up the value chain and responds to the national effort to conserve foreign exchange by providing a locally-manufactured product that matches leading international brands.
Designed for better grip, precise steering control, wet handling and enhanced drive comfort, the new tyre is the first 17-inch tyre to be manufactured in Sri Lanka by CEAT, and is benchmarked against the 17-inch tyres sourced from CEAT India and introduced to the market in 2017, the Company said.
“Two decades of knowledge of local conditions and driver expectations and the vast technological expertise of CEAT India are represented in this new radial tyre which will be the first of many locally-manufactured variants and sizes for SUVs and larger European and Japanese cars,” CEAT Kelani Managing Director Mr Ravi Dadlani said. “The investments we continue to make in quality upgrades and range expansion demonstrate our deep commitment to the needs of the market and our industry.”
The new tyre has connected shoulder blocks, high block stiffness patterns and draws from low-strain cavity technology and high-pressure resin technology-based new cap compounding that provide cornering stability and grip. Its straight centre rib with z-stroke sipes, fine-edged sipes with variable depth and high-pressure tread base compound combine to deliver fluid manoeuvrability.
CEAT Secura Drive SUV is resistant to aquaplaning, thanks to its fluidic sipe design, super-blended high performance-silane technology, 3D groove-wall technology and straight circumferential groove channels with long and narrow shoulder grooves, the Company said.
The tyre’s variable block stiffness in the shoulder and intermediate ribs, broad tread contact, easy flex cavity design and Dura-Core Cap-strip technology construction for better impact absorption ensure a comfortable drive.
The tyre’s CACTUS algorithm used for tread pitch design and long and narrow grooves result in reduced in-cabin noise. Additionally, the sidewall and tread pattern complement the looks of the vehicles the tyres are fitted to.
The manufacturer of half of the country’s pneumatic tyre requirements, CEAT Kelani Holdings is considered one of the most successful India – Sri Lanka joint ventures. The joint venture’s cumulative investment in Sri Lanka to date exceeds Rs 8 billion, and another Rs 3.2 billion has been committed in 2022 for expansion of volumes, technology upgrades and new product development. The company’s manufacturing operations in Sri Lanka encompass tyres in the radial (passenger cars, vans and SUVs), commercial (nylon and radial), motorcycle, three-wheeler and agricultural vehicle segments.
The CEAT brand accounts for market shares in Sri Lanka of 48 per cent in the Radial segment, 80 per cent in the Truck category, 84 per cent Light Truck tyre category, 51 per cent in the Three-Wheeler tyre segment, 36 per cent in the Motorcycle tyre segment and 72 per cent in the Agricultural vehicle tyre category. CEAT Kelani exports about 20 per cent of its production to 16 countries in South Asia, the Middle East, Africa and the Far East.
Ceylinco Life’s Ambalantota branch agent AIP Manjula has been named one of three global finalists for the prestigious Insurance Agent of the Year award at the 11th Asia Trusted Life Agents & Advisers Awards (ATLAA) 2026.
The recognition places a Sri Lankan insurance professional among the finalists in a regional field spanning South Asia, Southeast Asia, East Asia and the wider Asia-Pacific region.
Ceylinco Life said the achievement reflected the calibre and customer-focused approach of its agency force, while recognising Manjula’s professionalism and commitment to policyholders.
The award evaluates insurance agents on criteria extending beyond sales performance, including ethical conduct, client service, policy persistency, digital adoption, innovative practices and contributions to the insurance industry and community.
The awards are organised by Asia Advisers Network and Asia Insurance Review, with LIMRA as co-organiser. An independent judging and balloting process is monitored by KPMG as the official scrutineer. The judging panel comprises senior insurance executives, association presidents and industry experts from across the Asia-Pacific region.
CEAT Kelani Holdings (CKH) has retained its National Long-Term Rating of ‘AA+(lka)’ with a Stable Outlook from Fitch Ratings for the sixth consecutive year, reflecting the company’s financial resilience and leading position in Sri Lanka’s pneumatic tyre market.
The ‘AA+(lka)’ rating, the second-highest on Fitch’s national scale, indicates a very strong capacity to meet financial commitments.
Fitch said CKH’s established market leadership and resilient financial profile remained key strengths, while noting its exposure to price-sensitive, cyclical and highly competitive markets.
The Stable Outlook reflects expectations that the company will maintain its market position despite rising input costs and increasing competition from imported tyres, while preserving adequate credit metrics during periods of weaker earnings and higher investment.
Fitch expects CKH’s established brand, extensive dealer network and adaptive pricing strategies to support its market position. Planned production facility upgrades are also expected to improve product quality, particularly in the radial tyre segment.
The rating agency expects near-term pressure on margins from higher raw material and energy costs but said the company’s low leverage and sound liquidity would provide a cushion.
CKH Chairman Chanaka De Silva said the rating reinforced the company’s focus on disciplined financial management, operational adaptability and long-term investment.
SLT-MOBITEL Enterprise, the enterprise services arm of Sri Lanka Telecom PLC, has launched its Premium Cloud service powered by Nutanix, aimed at helping Sri Lankan businesses modernise their IT infrastructure and accelerate digital transformation.
The service was unveiled at the Lanka Tech Summit 2026 held recently at ITC Ratnadipa, Colombo.
The Premium Cloud combines hybrid multi-cloud capabilities with enterprise-grade performance, enabling businesses to run mission-critical workloads, scale cloud deployments and strengthen business continuity through disaster recovery capabilities.
Hosted on SLT-MOBITEL’s Tier III data centre infrastructure, the platform is designed to provide enhanced security, reliability and flexibility while supporting the growing technology requirements of enterprises.
SLT-MOBITEL Enterprise said the platform would also support organisations seeking to adopt AI-ready capabilities and improve the management and performance of IT workloads.
A key feature of the launch was SLT-MOBITEL Enterprise joining the Nutanix Elevate Service Provider Program (NESPP), which the company said made it the first service provider in the region to join the programme.
Powered by Nutanix’s hybrid multicloud platform, the service enables application and data mobility across on-premises environments, public clouds and edge locations.
The company said the partnership combined Nutanix’s cloud technology with SLT-MOBITEL’s local expertise and support, strengthening its multi-cloud portfolio.
Buttler out of Oval decider as Lawrence earns ODI call-up
Showers will occur in the Western, Eastern, Uva and Sabaragamuwa provinces and in Galle, Matara, Kandy and Nuwara-Eliya districts.
Nor’easter brings flooding as New York and New Jersey declare emergency 2 hours ago
Trump rejects Iran deal to reopen Strait of Hormuz in seven days
Govt plans to hire 121,000 state workers, redistribute tax revenue
Parliament clears 22A amid protests
‘Dates have the highest sugar content to fight Coronavirus’
Sunday Island 27 December – Headlines
#SundayIsland 17th December – Headlines
Sunday Island – 28th March
Sunday Island Headlines – 21 March
Sunday Island – 21st February – Headlines
-
News6 days agoHatton youth protest against reported death sentence for Lankan in Saudi Arabia
-
News4 days agoMastermind Naufer Moulavi among 15 found guilty
-
News5 days agoProtest against setting up of cement factory in highly populated area near BIA
-
News6 days agoMahaweli rises as heavy rain triggers flood, landslide fears
-
Latest News7 days agoLandslide Red Alerts issued to the districts of Kandy, Kegalle and Nuwara Eliya
-
Midweek Review4 days agoThileepan’s fast unto death: An authentic narrative that many missed
-
Editorial4 days agoBig Bad Bills
-
Editorial5 days ago
Trouble beginning in earnest