The Board of Directors of TVS Srichakra Limited, at its meeting held today, has approved a capital investment of up to ₹210 crore to expand manufacturing capacity at the company’s Unit–2 facility located in Rudrapur. The approved investment will be directed toward capacity addition and infrastructure enhancement at the existing manufacturing unit, strengthening the company’s ability to meet growing demand across domestic and international markets. The expansion is aligned with TVS Srichakra’s long-term growth strategy and its continued focus on operational excellence, product innovation, and supply reliability.
The Rudrapur facility plays a strategic role in the company’s manufacturing network, supporting the production of a wide range of two-wheeler, three-wheeler, and off-highway tyres. The proposed capacity addition at Unit–2 is expected to enhance production volumes, improve manufacturing efficiency, and enable greater flexibility in responding to evolving market requirements.
The investment will be utilised for the installation of advanced manufacturing equipment, process automation, utility augmentation, and supporting infrastructure. These upgrades are expected to further improve productivity, consistency, and quality standards, while also strengthening workplace safety and environmental performance at the facility.
TVS Srichakra has continued to invest steadily in expanding its manufacturing capabilities in response to sustained growth in the automotive and mobility sectors. The company has seen increasing demand driven by rising vehicle penetration, replacement tyre requirements, and expanding export opportunities. The Rudrapur expansion is expected to support this momentum by ensuring adequate capacity to serve customers efficiently.
The expansion also reinforces TVS Srichakra’s commitment to the state of Uttarakhand, where the company has established a strong manufacturing presence. The project is expected to generate additional employment opportunities, support local supplier ecosystems, and contribute to regional industrial development.
TVS Srichakra Limited is part of the TVS Group and is among India’s leading tyre manufacturers, with a strong presence in both original equipment and replacement markets. The company’s product portfolio caters to diverse mobility needs and is backed by in-house research and development, modern manufacturing facilities, and a nationwide distribution network.
With this latest investment approval, TVS Srichakra continues to strengthen its manufacturing base and reinforce its position as a key player in India’s tyre industry, supporting the country’s broader industrial and mobility growth ambitions.
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