Rico Auto Industries is eyeing to grow by 15-20% in FY16. The company had last year in December received an approval to incorporate a subsidiary as Core Investment Company as part of its financial structuring for the purpose of holding investments in the group companies and carrying out other non-banking finance company (NBFC) business.
Rico Auto Industries is a world-class engineering company supplying a wide range of high precision fully machined aluminum and ferrous components and assemblies to automotive OEMs across the globe.