TVS Srichakra Ltd
🚀 TVS Srichakra Plans Major Capacity Expansion – Rs. 210 Cr Investment in Rudrapur Unit
- Board approves Rs. 210 Cr investment for capacity expansion at Rudrapur, Uttarakhand.
- Current production capacity: 92-95 lakh tyres annually, operating at 80-85% utilization.
- Planned capacity addition: 40-45% to meet rising demand for 2/3-wheeler tyres.
- New facilities expected to be operational by first half of FY 2027-28.
- Funding mix: Internal accruals and debt.