Tyre makers plan ₹10,000 cr capex for FY27
pre-market1 source ↓written by the desknot a recommendation
- in capital expenditures
- ₹10,000 cr
- for expansion
- ₹3,500 cr
- in India
- 90%
India’s leading tyre manufacturers are set to invest over ₹10,000 cr in capital expenditures for FY27, driven by strong demand in the replacement segment and infrastructure growth. Apollo Tyres plans ₹3,500 cr for expansion, focusing on truck and passenger radial tyres. Capacity utilization remains high at 90% in India and Europe.
Not investment advice. For informational purposes only.