Chennai, Nov 4: Wheels India Limited today announced setting up of a cast aluminium wheel plant, with a manufacturing capacity of 7.5 lakh wheels per annum at Thervoy Kandigai, near here, with an investment of Rs 140 crores.
A company statement said the plant was expected to start operations next year.
The plant would have a manufacturing capacity of 7.5 lakh wheels per annum and would be ramped up in a phased manner.
Wheels India manufactures steel wheels for light vehicles, commercial vehicles, farm tractors, construction and mining equipment; air suspension systems for buses and trucks and components and structures for windmill, railways and thermal power plants. (UNI)