Expansion22 Oct 2026, 11:15 am
Jtekt India Approves CVJ Line Capacity Expansion
AI Summary
Jtekt India Ltd has approved a capacity expansion for its Constant Velocity Joint (CVJ) line. The company plans to add approximately 0.8 million units to its existing capacity of 1.2 million units, with the expansion located in Jalisana, Gujarat. This move is aimed at meeting the demand from fast-growing Indian Original Equipment Manufacturers (OEMs). The additional capacity is expected to be operational by August 2028. The investment required is yet to be finalized and approved by the Board, and the financing will be a mix of internal accruals and borrowings.
Key Highlights
- Capacity expansion approved for Constant Velocity Joint (CVJ) line.
- Addition of 0.8 million units to existing 1.2 million units capacity.
- Expansion aims to cater to growing demand from Indian OEMs.
- Additional capacity expected by August 2028.
- Financing mix of internal accruals and borrowings.
Price Impact
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