Talbros Automotive Components Ltd. aims to expand its operations as the auto component supplier's capacities hit 80-90% utlisation levels across various segments.

The company's Director and Group CFO said during a recent investor call, they were in the process of advancing in gasket and heat shield divisions.

He added that the company has taken up a new premise on rent in Chakan, in Pune and the supplies are expected to kick start beginning July or August. A capex of around Rs 20 crore has already been set aside for the same .

In the forgings divisions, Juneja pointed out that they are enhancing  capacity further in machinery and in some related equipments.

The trials for it has already begun, with commercial production expected to start soon. The company anticiaptes a capex of around Rs 30 in this division.