Harsha Engineers International Ltd
Harsha Engineers Expands Production Capacity in China 🏭📈
- Brownfield expansion project by subsidiary Harsha Precision Bearing Components (China) Co. Ltd.
- Investment of approximately USD 9.94 million for infrastructure and machinery.
- Production capacity to increase by 5.84 million pieces, from existing 8.45 million pieces.
- Expansion expected to be completed in approximately 2 years.
- Aims to enhance product portfolio and market share in China's bearing cage market.
- Expected to drive revenue growth.
- Current capacity utilization stands at 55.63%.