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TVS Srichakra, India to expand capacity at Madurai manufacturing units
On May 27, TVS Srichakra approved a capital investment of up to INR 2.2 billion to expand capacity at its manufacturing units in Vellaripatti, Madurai. Of this, INR 1.1 billion is directed at its two-wheeler tire plant, which currently operates at 80-85% utilisation with a capacity of approximately 2.10-2.35 million ....
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