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Wheels India Ltd

By Nitin Mohan Mishra , 21 May 2025
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Wheels India Accelerates Growth with Rs 250 Crore Capex Focused on Windmill Components and Export Expansion

Wheels India Ltd has outlined an ambitious capital expenditure plan of Rs 250 crore for the current financial year, prioritizing manufacturing capacity expansion for windmill components. The company, led by Managing Director Srivats Ram, anticipates robust growth in its overseas business, building on steady groundwork laid over recent years. Despite a marginal decline in revenue to Rs 4,425 crore for FY25, Wheels India posted a strong net profit of Rs 105.9 crore, reflecting operational resilience.

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