TVS Srichakra Announces ₹220-Crore Capex to Expand Madurai Tyre Production
Strategic Expansion at Madurai TVS Srichakra, a leading manufacturer of two-wheeler and three-wheeler tyres, officially announced a capital expenditure (capex) of ₹220 crore this week to expand its manufacturing facilities in Madurai, India. This investment aims to increase the company’s production capacity by approximately 5 percent, addressing the rising demand for high-performance and premium tyre…