Greaves Cotton to spend Rs 110 cr on capex; mostly on electr

Greaves Cotton to spend Rs 110 cr on capex; mostly on electric two wheelers


Diversified engineering company Greaves Cotton Ltd plans a capital expenditure of about Rs 110 crore this year of which majority will be on its electric two wheeler plant at Ranipet in Tamil Nadu, said a top official.
He also said the electric two wheeler plant is expected to roll out its product by the end of this year.
"We plan to invest about Rs 110 crore towards capital expenditure this year. About Rs.70 crore will be for the electric two wheeler plant at Ranipet to be commissioned by the end of this year," Nagesh A. Basavanalli, Managing Director and Group CEO told IANS.

Related Keywords

Ranipet , Tamil Nadu , India , Nagesha Basavanalli , Venkatachari Jagannathan , Greaves Cotton Ltd , Managing Director , Ampere Vehicles , Bestway Agencies , Greaves Cotton , South India , Nellore , Conomy Of Vellore , Companies , Ranipet District , Highway Amp Bridge Construction , Hotels Amp Motels , Auto , Truck Amp Motorcycle Parts Nec , Ngine Amp Powertrain , ராணிபேட் , தமிழ் நாடு , இந்தியா , கிரேவ்ஸ் பருத்தி லிமிடெட் , நிர்வகித்தல் இயக்குனர் , ஆம்பியர் வாகனங்கள் , கிரேவ்ஸ் பருத்தி , அமில நாடு , ந்திய ,

© 2025 Vimarsana