Indsur Global to invest Rs 200 cr for expansion

Casting and auto component maker Indsur Global plans to invest around Rs 200 crore over the next few years to fund its expansion plans, including doubling of capacity at its plants in Vadodara, Aurangabad and China.

The company produces a wide range of steel pipes, wires, castings and copper wire rods.

"We plan to invest around Rs 200 crore over the next few years for doubling capacities in the existing plants as well as setting up new manufacturing facilities in the country," Indsur Managing Director S M Lodha said.