# Rico Auto Industries to set up new plant in Halol, Gujarat

Rico Auto Industries Ltd. will set up a new manufacturing plant at Halol in Gujarat for components for two-wheelers and four-wheelers, with an initial investment of Rs. 1.1 crore. The plant is projected to become operational from May 2019.

- Type: New facility
- Announced: 2019-02-12
- Where: Halol, Gujarat, India
- Value: $154K (11.0M INR)
- Starts operating: May 2019
- Status: announced
- Products: components for two-wheelers and four-wheelers
- Sectors: [Automotive Components](https://endata.com/sectors/automotive-components.md)

## Companies

- [Rico Auto Industries](https://endata.com/companies/33572.md)

## Sources

- [insights.dsij.in](https://insights.dsij.in/dsijarticledetail/rico-auto-announces-acquisition-and-interim-dividend-6024), 2019-02-12: "The board also gave the green signal to set up a new manufacturing plant at Halol in Gujarat for the manufacture of components for two-wheelers and four-wheelers."

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