MoneyWorks4Me

TVS Srichakra gets nod for capital investment of upto Rs 210 crore at Rudrapur unit

19 Jan 2026 Evaluate

TVS Srichakra has received approval for a capital investment upto Rs 210.00 crore at its manufacturing unit located at Rudrapur, Uttarakhand, towards capacity addition to the existing capacity at Unit -2.

The capacity expansion aims to meet the growing demand for the company’s 2/3-wheeler tyres and is expected to be completed in the first half of FY 2027-28. The Board of Directors of the company at their meeting held on January 17, 2026, has approved the same.

TVS Srichakra is one of India's leading two- and three -wheeler tyre manufacturer. The company is recognised as a large manufacturer of industrial pneumatic tyres, flotation, motor grader, farm & implement tyres, skid steer tyres, multipurpose tyres and vintage tyres.


Peers
Company Name CMP
MRF 123227.50
Apollo Tyres 412.50
JK Tyres & Inds. 335.00
Ceat 3238.85
Balkrishna Inds. 2124.60
View more..