Motherson to invest Rs 5 bn to expand capacity in FY12

Auto parts maker Motherson Sumi Systems Ltd plans to spend about Rs 5 billion in 2011/12 to expand capacity, its chief operating officer said on Thursday.

February 03, 2011 / 13:30 IST

26 Aug, 2025 12:21

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Auto parts maker Motherson Sumi Systems Ltd plans to spend about Rs 5 billion in 2011/12 to expand capacity, its chief operating officer said on Thursday.

The company plans to commission six plants in India, Hungary and South Africa in 2011, Pankaj K Mital told Reuters over telephone.

The company earlier reported a 41% rise in consolidated profit in October-December to Rs 1.06 billion and a 17% growth in sales to Rs 20.83 billion.

first published: Feb 3, 2011 01:21 pm

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