Pre Project Stage Auto Components / Ancillaries Private Sector

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

Investment
From 5000 Million to 49999 Million
Stage
Pre Project Stage
Location
Visakhapatnam, Andhra Pradesh
Last updated
02 May 2018

Project 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.

Project details

SegmentAuto Components / Ancillaries
IndustryAutomotive Industries
Products & capacityGreenfield Alloy Wheel (2.4 million units per annum)
DistrictVisakhapatnam
StateAndhra Pradesh
InvestmentFrom 5000 Million to 49999 Million
Project typeNew
OwnershipPrivate Sector
StagePre Project Stage
Last updated02 May 2018
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