Board approves new factory to add 0.3 million catalytic converters
TENNIND · price
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The board approved a new factory in Western India to add about 0.3 million catalytic converters annually, phased over the next 2-3 financial years. The INR 450 million investment will be funded through internal accruals. Current annual capacity is about 2.0-2.2 million units with utilization near 99%.
The expansion may support growth and improve the western India footprint, but execution and capacity ramp-up remain ahead.