Business Update5 Dec 2025, 11:30 am
Jtekt India Ltd Approves Capacity Expansion for CVJ Line
AI Summary
Jtekt India Ltd has announced its decision to expand the capacity for its CVJ line. The existing capacity is approximately 0.8 million, with a utilization of about 90%. The company plans to add an additional 0.4 million in capacity, which is expected to be added by August 2027. The investment required for this expansion is yet to be finalized and approved by the board. The company plans to finance this expansion through a mix of internal accruals and borrowings. The rationale behind this expansion is to cater to the growing demand from Indian OEMs.
Key Highlights
- Jtekt India Ltd approves capacity expansion for CVJ line
- Existing capacity is approximately 0.8 million with 90% utilization
- Proposed capacity addition of 0.4 million
- Expansion to be financed through internal accruals and borrowings
- Expansion aims to cater to the demand of fast-growing Indian OEMs