Wheels India plans ₹300 crore capex for FY27
after close1 source ↓written by the desknot a recommendation
- in FY27
- ₹300 crore
- last year
- ₹261 crore
Wheels India Ltd will invest ₹300 crore in FY27, increasing from ₹261 crore last year, to enhance capacity in its tractor, windmill components, and hydraulic cylinders sectors. The CMD highlighted strong demand in air suspension systems, driven by rising intercity transport and fleet modernization, indicating continued growth momentum. ⚙️
• Double-digit growth in air suspension business in FY26
• Ongoing investments in alloy wheels to support higher volumes
This investment strategy reflects confidence in robust market demand.
Not investment advice. For informational purposes only.