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TVS Srichakra to Invest ₹210 Crore for Capacity Expansion at Rudrapur Unit
TVS Srichakra Limited
January 17, 2026, 09:04 AM
TVS Srichakra Limited approved a capital investment of up to ₹210 Crores for capacity addition at its Rudrapur unit. The expansion, adding 40-45% to existing capacity, is planned for completion by the first half of FY 2027-28. Funding will be via internal accruals and debt to meet rising demand for 2/3-wheeler tyres.
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TVS Srichakra Limited has announced a significant capital investment of up to ₹210.00 Crores towards capacity addition at its manufacturing unit in Rudrapur, Uttarakhand. This expansion aims to increase the existing capacity at Unit-2.
The company's current capacity stands at approximately 92 to 95 lakh tyres per annum, with an existing capacity utilization of about 80-85%. The proposed capacity addition is estimated to be around 40-45% and is expected to be completed within the first half of FY 2027-28.
The investment will be financed through a combination of internal accruals and debt. The rationale behind this expansion is to meet the growing demand for the company's 2/3-wheeler tyres. The Board of Directors approved this capital expenditure at a meeting held on January 17, 2026.
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