Minda Industries expands alloy wheels capacity with Rs 264 crore capex

Minda Industries Ltd will expand production capacities of its two-wheeler and four-wheeler alloy wheels business with a total capital expenditure outlay of Rs 264 crore.

“The board has also approved investment of euro 15 million in FRIWO AG via a capital increase.”business-standard.com

• 1 source
• business-standard.comMinda Industries forms JV with FRIWO for manufacturing EV components | Company News - Business StandardPress Trust of IndiaDec 10, 2021

Summarized from public sources; check the original articles before acting on it.