INDORE: NRI industrialist Lord Swraj Paul-led Caparo Group is strengthening operations in India by setting up new auto component facilities, besides expanding the existing ones to meet the demand in the domestic market and from countries like Mexico and Thailand.
“There are future plans to build a number of stamping facilities across India with plans already in place for a facility in Madurai,” Lord Paul said here at an event organised by Eicher Motors.
He said the group will launch an axle and suspension systems facility in Halol in Gujarat next month and construction of one such unit each at Singur and Jamshedpur was going on.
“The Singur facility will supply stampings, aluminium castings and coil blanking support to Tata Motors for their Rs one lakh car,” he said, adding that the Jamshedpur facility will supply stam ..
