Kross has announced commissioning its new axle beam extrusion plant with an investment of Rs 250 million. The facility is expected to enhance production capacity, introduce advanced technology, and strengthen the company’s position in India’s automotive components sector, signaling growth momentum and innovation
Kross, a leading automotive component manufacturer, has commissioned its latest axle beam extrusion plant, backed by an investment of Rs 250 million. The new facility is designed to integrate advanced extrusion technology, enabling higher efficiency and precision in axle beam production.
Industry experts highlight that this investment reflects Kross’s commitment to innovation and expansion in India’s automotive supply chain. The plant is expected to cater to rising demand from both domestic and international markets, while also supporting the company’s long-term growth strategy.
The commissioning of this plant marks a significant milestone for Kross, as it strengthens its manufacturing capabilities and positions the company to meet evolving industry requirements. Analysts believe this move will enhance competitiveness and create new opportunities in the automotive sector.
Key Highlights
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Kross invests Rs 250 million in new plant
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Axle beam extrusion technology commissioned
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Boosts production efficiency and precision
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Supports domestic and international market demand
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Strengthens company’s growth and competitiveness
Sources: Reuters, Economic Times, Business Standard