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TVS Srichakra lines up Rs 1000 crore expansion program

08 Dec 2020 Evaluate

TVS Srichakra has planned capital expenditure of Rs 1000 crore to ramp up manufacturing in its Madurai and Pantnagar plants. This investment is planned to be made over a three year period. The investment, when fully made, will result in an increase in 2 & 3 wheeler tyre capacity by 25-30% and doubling of off-highway tyre capacity from current levels. The investment is planned to be funded by a mix of debt and internal accruals. 

TVS Srichakra is a leading Indian manufacturer of 2 & 3 wheeler and off-highway tyres.

TVS Srichakra Share Price

3935.70 53.70 (1.38%)
17-Apr-2026 16:59 View Price Chart
Peers
Company Name CMP
MRF 139772.66
Apollo Tyres 445.30
CEAT 3713.55
Balkrishna Inds. 2329.80
JK Tyres & Inds. 428.30
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