Sharda Motor Industries to set up INR 200M manufacturing plant in Uttarakhand

Sharda Motor Industries Limited announced plans to build a new manufacturing facility in Uttarakhand with an investment of approximately INR 200 million. The plant will have modular and scalable capacity and is expected to reach high utilisation within FY27.

“We are also augmenting our manufacturing footprint by putting up a new facility, in Uttarakhand with a capex of approximately INR20 crores, the capacity would be modular and scalable.”machinist.in

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• machinist.inMACHINIST.IN » Sharda Motor Industries Announces INR 200 Million Uttarakhand Plant, Secures USD 26.7 Million in New Lightweighting and Export OrdersFeb 1, 2026

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