Wheels India trucks and tractors will invest over Rs 70 crore this year on expansion. A significant part of the investment will be for growing the exports market. The company has plants at Padi and Sriperumbudur in Tamil Nadu; Pune, Rampur, Bawal and Pantnagar with overall annual capacity of 15 million wheels. While over 80 per cent of the business comes from the domestic market, the company exports wheels for off-road construction equipments and agricultural applications to Japan, Korea, US, Brazil, Belgium, South Africa, China and Indonesia. Wheels India had earlier this fiscal entered into a technical agreement with Topy Industries, a leading Japanese steel wheel manufacturer, for process, design and development of car wheels.
| Company Name | CMP |
|---|---|
| SamvardhanaMotherson | 125.00 |
| Tube Investments | 2789.65 |
| Bosch | 37505.60 |
| UNO Minda | 1097.30 |
| CIE Automotive India | 490.15 |
| View more.. | |
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