Business

TaMo goes immense bang with Rs 32K-cr capex realizing

Tata Motors has increased its capital expenditure for FY23 by 30% to `32,000 crore at a consolidated level riding on a strong recovery path with an improving supply chain scenario. This translates into an increase of `9,000 crore or £900 million over the FY22 spend of `23,000 crore.The domestic entity will be making its highest…

Published

2 years ago

May 13, 2022

Shrishti

TaMo goes immense bang with Rs 32K-cr capex realizing

Tata Motors has increased its capital expenditure for FY23 by 30% to `32,000 crore at a consolidated level riding on a solid restoration direction with an bettering present chain scenario. This interprets into an develop of `9,000 crore or £900 million over the FY22 use of `23,000 crore.The home entity will seemingly be making its highest ever funding of `6,000 crore in essentially the most modern monetary one year to fund the expansion of its capacities within the direction of all its agencies — industrial autos…
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Business

Main person cos to proceed capex

Several leading consumer facing companies including Hindustan Unilever, Britannia, Voltas, Havells, Blue Star and Titan Company are going to continue their high capital expenditure (capex) and expansion this fiscal as that in FY23, senior executives told ET and analysts in recent earning calls.Much of the capex is ear-marked for new factories…

Published

1 year ago

May 16, 2023

Shrishti

A lot of main person facing companies together with Hindustan Unilever, Britannia, Voltas, Havells, Blue Smartly-known person and Titan Company are going to proceed their excessive capital expenditure (capex) and growth this fiscal as that in FY23, senior executives informed ET and analysts in contemporary incomes calls.Much of the capex is ear-marked for ticket spanking contemporary factories…
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