Auto component manufacturer Pricol has announced plans to invest ₹500–600 crore over the next two years as it begins a new capital expenditure cycle.
The investment push is driven by recent customer wins, capacity expansion needs, and upgrades across key product lines. The company intends to allocate around ₹250 crore each in FY26 and FY27. As part of this growth phase, Pricol is scaling up its switches division and gearing up for new orders in special purpose machinery (SPM) and disc brakes. Its polymer division, currently operating at 94–95% capacity utilization, will also undergo accelerated expansion to meet increasing demand.
Pricol is in the final stages of acquiring land for its next phase of growth, with plans underway for a new manufacturing facility. “We are entering a fresh investment cycle driven by our recent acquisition and several new business opportunities,” said Managing Director Vikram Mohan.
News by Rahul Yelligetti.