Happy Forgings Announces ₹650 Crore Capex for Expansion Plans

The board of directors at Happy Forgings Ltd approved a capex of ₹650 crore to expand its production and technological capabilities. This strategic investment aims to meet increasing demand in both the domestic and international markets, especially in the automotive and industrial sectors. These funds will be used to upgrade existing facilities, add new lines of manufacturing, and implement state-of-the-art technologies to achieve efficiency and quality. The move is expected to strengthen Happy Forgings' market position as a leader in the forging industry.

 

Source: Economic Times