NDR Auto Components Unveils Rs 27.29 Crore Expansion Plan in Andhra Pradesh 7 days ago
NDR Auto Components Limited has approved a new manufacturing facility in Anantapur, Andhra Pradesh, with an investment of Rs 27.29 crore. The facility will produce frame structures for 50,000 5-seater cars and seat covers for 78,000 7-seater cars. A wholly-owned subsidiary, NDR Auto Components South Private Limited, will be incorporated to operate the facility. The company has also secured a 7,500 sq ft corporate office space in New Delhi for Rs 11.25 crore. Additionally, NDR Auto Components plans to create a CSR Trust with Bharat Seats Limited.
NDR Auto Reports Strong Q1 Results, Plans Expansion with New Subsidiary 7 days ago
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