MM Forgings Auto components Company invests more into Madurai, Trichy and Chennai

Auto components company MM Forgings plans to invest Rs 65 crore this year on capacity building at its manufacturing plants and wind farm.

About Rs 40 crore will go into expanding capacity and debottlenecking at its forging plants in Chennai, Tiruchi and Madurai. Last year, the total production across the three plants was around 28,000 tonnes. This year, it is expected to hit 30,000 tonnes, said Mr Vidyashankar Krishnan, Managing Director.

Source: The Business Line.