CEAT Kelani wins double honours at CNCI Achiever Awards 2025

CEAT Kelani General Manager – QBM Chaminda Thushara (left) accepts the Top 10 award from Prime Minister Dr. Harini Amarasuriya in the presence of the Industry and Entrepreneurship Development Minister Sunil Handunneththi and Deputy Minister Chathuranga Abeysinghe

CEAT Kelani Holdings has been recognised with two prestigious awards at the 2025 CNCI Achiever Awards presented by the Ceylon National Chamber of Industries (CNCI), reaffirming its standing as one of the country’s foremost industrial enterprises.

Competing in the ‘Extra-Large Manufacturing Sector’ category, the company received the National Silver Award and a Top 10 award, accolades that celebrate excellence across multiple dimensions of industrial performance including financial strength, value addition, productivity, innovation, quality assurance, environmental responsibility, and social commitment.

The CNCI Achiever Awards, regarded as one of Sri Lanka’s most respected recognitions for industrial excellence, evaluate companies on stringent criteria encompassing more than 12 key operational aspects. CEAT Kelani’s success at the 2025 edition marks another milestone in its journey of continuous improvement, having previously won CNCI awards in 2013 and 2024.

CEAT Kelani Holdings Chief Operating Officer Shamal Gunawardene said: “These awards are a reflection of the collective commitment of our teams to manufacturing excellence, innovation, and sustainability. Every process within CEAT Kelani, from product design to delivery, is guided by our quality-based management philosophy and a deep sense of responsibility to our customers, employees, and the environment.”

The company’s performance in several key areas contributed to its recognition at this year’s CNCI Achiever Awards. CEAT Kelani has maintained a strong financial profile validated by Fitch Ratings, which reaffirmed its National Long-Term Rating at ‘AA+(lka)/Stable’ for the fourth consecutive year, projecting an 18% increase in sales volume in FY2025 and a compound annual growth rate (CAGR) of 10% through FY2028.

CEAT Kelani General Manager – Manufacturing Sriram Srikanthan (right) and General Manager – Technology Kiran Shettigar (fourth from left) accept the National Silver Award in the ‘Extra Large Manufacturing Sector’ from Industry and Entrepreneurship Development Deputy Minister Chathuranga Abeysinghe

Under its proprietary Quality Based Management (QBM) system — a holistic Total Quality Management framework built on ‘Customer Focus,’ ‘People Focus,’ and ‘Process Focus,’ – CEAT Kelani has institutionalised a culture of continuous improvement across all operational levels. Its product development is driven by consumer insight and supported by advanced research and development (R&D) capabilities in Germany and India, ensuring superior performance, safety, and durability in every tyre segment.

Reinforcing its commitment to quality and innovation, the company recently pledged Rs. 4.5 billion in new investments to acquire advanced technology for new product development and drive significant quality improvements across its entire product portfolio. 

Beyond operational excellence, CEAT Kelani continues to demonstrate strong environmental and social responsibility. The company’s sustainability initiatives include the quantification and reporting of greenhouse gas emissions under ISO 14064-1:2018 standards, the installation of a 2.4 MW rooftop solar power system, advanced waste management and recycling systems, and extensive Corporate Social Responsibility (CSR) programs such as the ‘CEAT Cares’ school road safety initiative and educational support for children of the rubber cultivator community.