AutomobilesPre-market
Pricol plans ₹600 crore investment for expansion
pre-market1 source ↓written by the desknot a recommendation
- over the next
- ₹500 crore to ₹600 crore
- land acquisition
- 45 days
- earmarked for FY26
- ₹250 crore
- polymer business
- 94-95%
Pricol is set to invest ₹500 crore to ₹600 crore over the next two years as it embarks on a fresh capital expenditure cycle. This investment will focus on scaling up capacities in its switches division and preparing for new orders in SPM and disc brakes. The company aims to complete land acquisition within 45 days.
• ₹250 crore earmarked for FY26
• Similar investment planned for FY27
• Capacity utilization in polymer business at 94-95%
This expansion is expected to enhance Pricol's operational capabilities and support its growth strategy.
Not investment advice. For informational purposes only.