Domestic three wheeler-maker Atul Auto is planning to double the capacity at Rajkot plant by year end. At present, the company’s capacity stands at 24,000 units per annum which will be scaled up to 48,000 units by year-end or January next year.
Further, the company has set a target of achieving Rs 1,000 crore turnover by FY 2015-16 from Rs 300 crore in the last fiscal.
The company’s sales increased by 32.22% to 3,332 vehicles in October 2012 as compared to 2,520 vehicles sold in October 2011.
Atul Auto is a leading manufacturer of 3-Wheeled Commercial Vehicles in the state of Gujarat, presently engaged in the manufacturing of Three Wheelers like 6-seater Auto Rickshaws, Pick-Up Vans and Chassis of Passenger Vehicles.
