NDR Auto Components has received approval from its board for setting up of new production facility at Gujarat at a project cost of around Rs 9.94 crore. The said project cost is proposed to be funded out of internal accruals. The rationale for setting up of this new production facility is to cater to requirement of company’s principal customer, Bharat Seats. This facility will lead to enhancement in the company‘s production capacity from time to time in line with customer requirements.
NDR Auto Components is primarily engaged in the manufacturing, fabricating and assembling of every kind of automotive components.