SKF India plans ₹500 crore capex, targets 12% revenue growth
SKF India plans ₹500 crore capex, targets 12% revenue growth. The company aims to expand manufacturing capacity to meet rising demand. Revenue expected to grow 12% this fiscal, driven by industrial and automotive sectors. Capex of ₹500 crore will be spent over the next few years to strengthen production infrastructure.
📊 STOCKS: $SKFINDIA | 🏢 SECTOR: CapitalMarkets | #MEDIUMIMPACT #Capex
This brief is AI-generated from public news sources for informational purposes only. Not investment advice. Always consult a SEBI-registered advisor before trading.