Indsur Global to invest Rs 200 cr for expansion

Indsur Global plans to invest around Rs 200 crore over the next few years to fund its expansion plans, including doubling of capacity at its plants in Vadodara, Aurangabad and China.

The company produces a wide range of steel pipes, wires, castings and copper wire rods.

The company plan to invest around Rs 200 crore over the next few years for doubling capacities in the existing plants as well as setting up new manufacturing facilities in the country.

The auto gear plant at Aurangabad has a capacity of 1,50,000 pieces, which the company wants to increase to 2,50,000. Besides, it also plans a new gear unit close to the upcoming Mahindra & Mahindra’s tractor plant at Zaheerabad in Andhra Pradesh.