Wheels India plans ₹225 crore capex for FY25

Wheels India plans a capital expenditure of ₹225 crore for FY2025 to ramp up capacity in machining large castings, aluminium wheels, earthmoving wheels, tractor wheels, and hydraulic cylinders. Aluminium wheel capacity will increase from 25,000 to 40,000 wheels per month.

“The production capacity of aluminium wheels will be ramped up from 25,000 wheels a month now to 40,000 wheels a month this year.”thehindubusinessline.com

• 1 source
• thehindubusinessline.comWheels India plans ₹225 cr capex for FY25, to set up European subsidiary - The HinduBusinessLineG BalachandarJul 17, 2024

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