The investment is part of its plan to double annual manufacturing capacity to 120 million units, from the existing 60 million. It has set aside ₹7,500 crore for its expansion plans.
“In phase I, we said that we will invest ₹3,500 crore. We have already infused ₹2,400 crore and the rest ₹1,100 crore will be invested over the rest of this year. By the beginning of next year, we should be able to start phase I of our new manufacturing facility."
Diese Geschichte stammt aus der April 14, 2023-Ausgabe von Mint Mumbai.
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Diese Geschichte stammt aus der April 14, 2023-Ausgabe von Mint Mumbai.
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