# Synergies Castings to build $100M alloy wheel plant in Visakhapatnam

Synergies Castings Limited signed an MOU with the Government of Andhra Pradesh to establish a greenfield aluminium casting and specialty alloy wheel manufacturing facility in Visakhapatnam, India, with an annual capacity of 2.4 million wheels and a project cost of $100 million.

- Type: New facility
- Announced: 2018-05-02
- Where: Visakhapatnam, Andhra Pradesh, India
- Value: $100.0M
- Status: announced
- Capacity: 2.4 million wheels per year
- Products: aluminium alloy wheels
- Sectors: [Automotive Components](https://endata.com/sectors/automotive-components.md)

## Companies

- [Synergies Castings Limited](https://endata.com/companies/31664.md)

## Sources

- [mtinews.in](https://mtinews.in/synergies-to-set-up-largest-alloy-plant-in-visakhapatnam-andhra-pradesh-india/), 2018-05-02: "This new greenfield facility with an annual production capacity of 2.4 million wheels per year, benchmarked at 18” wheel size will have the most sophisticated casting, machining, painting facilities with embedded digital manufacturing technologies."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.