Wheels India Steers Towards Green Future with ₹250 Cr. Capex

Wheels India has unveiled a ₹250 crore capital expenditure plan for the financial year 2025–26, with ₹100 crore dedicated to expanding its windmill component manufacturing capacity. This strategic investment aims to strengthen the company’s position in the renewable energy sector.

Managing Director Srivats Ram stated that the capex will also enhance operations in aluminium wheels, balancing equipment, and hydraulic cylinders.

With continued momentum in international markets, the company is gearing up for significant export growth over the next three years.

Wheels India, a key player in automotive, construction, and renewable energy components, operates manufacturing facilities across Tamil Nadu, Maharashtra, Uttar Pradesh, and Uttarakhand. The company is actively expanding its global footprint and diversifying its product portfolio to meet rising international demand.

News by Rahul Yelligetti.