Demand for cast aluminium wheels expected to grow this year
ROADS & HIGHWAYS

Demand for cast aluminium wheels expected to grow this year

Wheels India, a maker of vehicle wheels, anticipates demand for cast aluminium wheels to increase this year, according to the reports. Last year, the company's exports surpassed the milestone of Rs 10 billion. The groundwork has been laid for the business's exports market and customers to develop in the next years, said company Chairman S Ram during the 63rd annual general body meeting today.

He has stated that Wheels India was able to enhance its manufacturing of forged aluminium wheels for sale in Europe and the United States. Last year was the first full year of production of cast aluminium wheels from the new Thervoy Kandigai facility (near Chennai). The wheels are sold to the largest aftermarket distributor of cast aluminium wheels in the world.

Wheels India, a maker of vehicle wheels, anticipates demand for cast aluminium wheels to increase this year, according to the reports. Last year, the company's exports surpassed the milestone of Rs 10 billion. The groundwork has been laid for the business's exports market and customers to develop in the next years, said company Chairman S Ram during the 63rd annual general body meeting today. He has stated that Wheels India was able to enhance its manufacturing of forged aluminium wheels for sale in Europe and the United States. Last year was the first full year of production of cast aluminium wheels from the new Thervoy Kandigai facility (near Chennai). The wheels are sold to the largest aftermarket distributor of cast aluminium wheels in the world.

Next Story
Infrastructure Urban

Tanla Strengthens Board with Appointment of Audit and Governance Expert Sunil Bhumralkar

Tanla Platforms Limited (NSE: TANLA; BSE: 532790), a leading global CPaaS provider, today announced the appointment of seasoned audit and governance professional Sunil Bhumralkar as an Independent Director. This strategic move underlines Tanla’s commitment to strengthening corporate governance as it accelerates its global growth.   With nearly 40 years of experience, Mr. Bhumralkar brings deep expertise in assurance, financial reporting, and governance. He spent over two decades as Senior Audit Partner at S R Batliboi & Associates LLP, the EY India member firm, leading the..

Next Story
Infrastructure Urban

TCS, CEB Partner to Modernise Bank Reconciliation with AI Tools

Tata Consultancy Services (TCS) (BSE: 532540, NSE: TCS), a global IT services leader, has partnered with the Council of Europe Development Bank (CEB) to modernise its operations and enhance process efficiency. Through this collaboration, TCS will implement its flagship solution, TCS BaNCS™ for Reconciliations, to help the bank automate reconciliation processes using artificial intelligence and intelligent automation. The platform will enable CEB to automate its entire reconciliation workflow—from transaction matching and exception handling to investigations and reporting. It is design..

Next Story
Infrastructure Urban

Sonowal Unveils Big Push for Inland Waterways Growth in Bihar

Union Minister of Ports, Shipping and Waterways, Shri Sarbananda Sonowal, has announced a major infrastructure boost aimed at transforming inland water transport in Bihar. The announcement came during the inaugural session of the Consultative Workshop on Inland Waterways Development on National Waterway-1 (river Ganga)—the first of its kind—held in Patna.  The workshop, chaired by Shri Sonowal, was attended by several dignitaries, including Union Minister Shri Giriraj Singh, Bihar Deputy Chief Ministers Samrat Chaudhary and Vijay Kumar Sinha, State Ministers Vijay Kumar Chaudhary..

Advertisement

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Advertisement

Talk to us?