Setco Automotive is planning an expansion programme at its manufacturing facilities across India. The expansion programme will entail an iv of ₹ 3,000 million. Currently, the company has four manufacturing facilities at Kalol in Baroda and Sitarganj in Uttarakhand and one each in the US and Britain. The company manufacture and supply clutch assembly to Tata Motors, Ashok Leyland, Bharat Benz, Mahindra & Mahindra and Volvo-Eicher.
A part of expansion programme involves investment of ₹ 1, 200 million in LavaCast – a subsidiary of the company. The balance will be invested in setting up of a heat treatment and press shop.
|Project Cost (in million)||₹3,000|
Company Profile : Setco Automotive Ltd