Pre Project Stage Auto Components / Ancillaries Private Sector

MS-Gear Line Mfg. Expansion Project in India

Investment
NA
Stage
Pre Project Stage
Location
NA, Not Identified
Last updated
04 Dec 2023

Project summary

A manufacturing expansion project in India aims to increase the capacity of an MS-Gear line by 0.4 million units by January 2026. The current capacity is 2.0 million units, operating at 90% utilization. The investment details are pending board approval, with a funding mix of internal accruals and borrowings anticipated. Project approval was secured as of December 2023, signaling a strategic move to meet market demands and enhance the company's standing in gear manufacturing.

Project details

SegmentAuto Components / Ancillaries
IndustryAutomotive Industries
Products & capacityMS-Gear Line (from 2 Million to 4 Million)
DistrictNA
StateNot Identified
InvestmentNA
Project typeExpansion
OwnershipPrivate Sector
StagePre Project Stage
Last updated04 Dec 2023
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