# L G Balakrishnan & Bros to invest ₹40 crore in Oragadam plant expansion

L G Balakrishnan & Bros Ltd (LGB) announced a ₹40 crore investment to expand auto parts production capacity at its Oragadam plant near Chennai.

- Type: Expansion
- Announced: 2024-11-25
- Where: Oragadam, near Chennai, India
- Value: $4.80M (400.0M INR)
- Status: announced
- Products: auto parts, two-wheeler automotive chains
- Sectors: [Automotive Components](https://endata.com/sectors/automotive-components.md)

## Companies

- [L G Balakrishnan & Bros](https://endata.com/companies/81294.md)

## Sources

- [themachinemaker.com](https://themachinemaker.com/news/l-g-balakrishnan-bros-to-invest-%e2%82%b940-crore-in-oragadam-facility-expansion/), 2024-11-25: "L G Balakrishnan & Bros Ltd (LGB), a top manufacturer of two-wheeler automotive chains, has announced plans to invest ₹40 crore to expand its auto parts production capacity at its Oragadam plant near Chennai."

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