Wheels

Invites industry to set up domestic manufacturing facility at estimated cost of Rs 1,000 crore

Senior executive says 'early signs of slowdown in global economy'

The company reported a revenue of Rs 510.84 crore in Q2FY21 compared to the Rs 595.63 crore reported in the same period last year

Manufactured at the firm's Vizag plant, the accessories are meant for the ultra-premium car segment which has an overall market share of 3-5 per cent

Both the companies aim to strengthen their positions in India's passenger car steel wheels market