AutoMovers Group outlines Rs 500 crore expansion plan
The Economic Times reports that the investment aims to improve sales and service capabilities and increase manufacturing capacity, with Rs 150 crore allocated to capital spending and inventory increases.
TLDR
AutoMovers Group plans to invest Rs 500 crore to expand and streamline its network across key markets, The Economic Times reports. The investment aims to strengthen sales, service and manufacturing, with Rs 150 crore allocated to capital spending and inventory increases. The company also plans to expand its trailer manufacturing facility and expects significant growth in its insurance business by 2030.
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