Kabra Extrusiontechnik to invest ₹750 Crore in new subsidiaries and manufacturing plants.
Kabra Extrusiontechnik will invest up to ₹250 Crores in a new UAE subsidiary and up to ₹500 Crores in a Vietnam subsidiary for battery pack manufacturing. The company will also set up new battery manufacturing plants in India and Vietnam. Funding will come from internal accruals and external borrowing.
The substantial investments in new international subsidiaries and manufacturing plants will likely have a significant impact on the company's future operations and market presence.
The company is making significant investments in new subsidiaries and manufacturing facilities, indicating expansion and growth potential.
Kabra Extrusiontechnik Limited, a Kolsite Group Company, announced today that its Board of Directors has approved significant expansion plans. The company proposes to incorporate a wholly-owned subsidiary in the United Arab Emirates (UAE) to serve as an intermediary holding company for its international business, with an equity investment of up to ₹250 Crores.
Furthermore, the Board has approved the incorporation of another wholly-owned subsidiary in Vietnam. This subsidiary will establish a manufacturing facility for battery packs, requiring an aggregate investment of up to ₹500 Crores, to be funded through internal accruals and external borrowing. The company also plans to set up new battery manufacturing plant(s) at suitable locations in India and Vietnam.
The Board meeting commenced at 11:30 a.m. and concluded at 2:30 p.m. on September 05, 2026. Kabra Extrusiontechnik will provide further details upon the incorporation of these subsidiaries.
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