Expansion17 Oct 2026, 12:30 pm
TVS Srichakra Ltd Invests ₹49.20 Cr in Capacity Expansion
AI Summary
TVS Srichakra Ltd announced an additional capital expenditure of ₹49.20 Crores for line balancing, debottlenecking, and augmenting curing capacity at its Madurai and Uttarakhand manufacturing facilities. This investment aims to meet growing demand for its 2/3-wheeler tires. The expansion will increase capacity by approximately 6-7% and is expected to be operational in phases starting January 2027. The expenditure will be financed through a mix of debt and equity.
Key Highlights
- Company invests ₹49.20 Crores in capacity expansion.
- Expansion targets line balancing and debottlenecking initiatives.
- Capacity increase of 6-7% expected from January 2027.
- Investment to meet growing demand for 2/3-wheeler tires.
- Financing mix of debt and equity planned.
Price Impact
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