# Wheels India to set up European subsidiary

Wheels India intends to form a subsidiary in Europe to support business development and export growth, following the incorporation of a US subsidiary.

- Type: Expansion
- Announced: 2024-07-17
- Where: Europe
- Status: announced
- Sectors: [Automotive Components](https://endata.com/sectors/automotive-components.md)

## Companies

- [Wheels India](https://endata.com/companies/24987.md)

## Sources

- [thehindubusinessline.com](https://www.thehindubusinessline.com/companies/wheels-india-plans-225-cr-capex-for-fy25-to-set-up-european-subsidiary/article68414499.ece), 2024-07-17: "Wheels India has incorporated a subsidiary in the US and intends to form a subsidiary in Europe as well to give further thrust to the business development in these geographies."

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