Capacity Addition at Subros Limited
BY ADMIN
•
FILED 07 Nov 2024, 8:57 PM
Capacity Addition at Subros Limited
Subros Limited is setting up a new greenfield manufacturing plant in Kharkhoda, Sonipat, Haryana. This new plant will add a capacity of 4.5 lakhs parts per year for air-conditioning systems. The project is expected to be completed in a phased manner by March 2026. The estimated investment for this capacity addition is approximately Rs. 150 crores, which will be financed through internal accruals and debt. The rationale behind this capacity addition is to cater to the increased customer demand.
Related Coverage
Capex & Future Plan
Lloyds Metals Approves DRI Capacity Expansion to Over 9 Lakh MTPA; Plans ₹1,550 Crore NCD Issue
Capex & Future Plan
RNFI Services Gets Perpetual RBI Forex Licence, Expands Into MSME Trade Remittances
Capex & Future Plan
Marine Electricals Opens New Goa Plant to Expand Data Center and Port Infrastructure Capacity