Wheels India plans ₹300 crore capex for EV-driven growth
pre-market1 source ↓written by the desknot a recommendation
- during FY27
- ₹300 crore
Wheels India Ltd plans to invest ₹300 crore during FY27 to enhance its operations in the tractor, wind energy, hydraulic cylinder, and air suspension sectors. The air suspension segment has seen strong double-digit growth in FY26, driven by rising electric vehicle adoption and fleet modernization. The company remains optimistic about growth in its car wheels business despite commodity price inflation concerns.
Not investment advice. For informational purposes only.