Proposed Capital Expenditure at Company’s Chennai Plant at Kannanthangal, Maduramangalam Post, Sriperumbudur TK, Kancheepuram
a) Existing capacity = About 70 Lakh Tyres per annum
b) Existing capacity utilization = About 80%
c) Proposed capacity addition = By about 35% of current capacity PCUV in Chennai
d) Period within which the proposed capacity is to be added = Expected by end of FY 2027
e) Investment required = About Rs. 450 Crores
f) Mode of financing = This investment will be funded by way of mix of internal accruals and debt.
g) Rationale = Good growth is expected in medium term in PCUV Category. This investment is intended to add
capacity progressively, to service the anticipated future demand.