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Added Date - May 02,2018

Project Promoter Subscribers Only
Ownership Type Private Sector
Industry Automotive Industries
Subcategory
Products & Capacity Greenfield Alloy Wheel (2.4 million units per annum)
Location NA
District Visakhapatnam
State Andhra Pradesh
Investment From 5000 Million to 49999 Million
Status

Executive Summary

A notable company is planning to take up new greenfield alloy wheel making facility near the port city of Visakapatnam, Andhra Pradesh. The project involves manufacturing of Aluminium alloy wheel with capacity benchmarked at 18 inch wheel size. It is expected to have sophisticated casting, machining, painting facilities with embedded digital manufacturing technologies. The estimated cost of the project is Rs.6500 million. The company has signed a memorandum of understanding (MoU) with the Andhra Pradesh government earlier this year to establish an aluminium casting and speciality alloy wheel manufacturing facility.

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Rs.6500 Million New Greenfield Alloy Wheel Mfg. Project in Andhra Pradesh

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