Expansion25 Jul 2025, 04:29 pm
Rico Auto Industries Ltd Expands Business into Railway Components Manufacturing
AI Summary
Rico Auto Industries Ltd has established a separate business vertical for Railways, focusing on the manufacturing of high-quality cast & machined components for Tracks, Wagons & Carriages. The manufacturing will take place at their Dharuhera facility, with supplies to the Railways for some components already commenced.
Key Highlights
- Rico Auto Industries Ltd has created a new business vertical for Railways.
- The new vertical will focus on manufacturing high-quality cast & machined components for Tracks, Wagons & Carriages.
- Manufacturing will be done at the Dharuhera facility.
- Supplies to the Railways for some components have already started.
- This initiative is in line with the company's expansion plans.