Wheels India Spends Big on the Future: ₹280 Cr Capex Set for FY27

Chennai-based Wheels India, part of the TSF Group, stepped up its innovation and product development efforts during FY26, expanding its patent portfolio to 125 after securing 26 new design patents during the year.

The company also increased its investment in research and development, with R&D expenditure rising to 0.76% of turnover in FY26 from 0.53% in the previous fiscal, according to Chairman and Managing Director Srivats Ram’s message in the company’s 2025-26 annual report.

As part of its focus on product innovation, Wheels India introduced new styles of flex wheels in multiple sizes for passenger vehicle applications. The company said the technology would enable it to offer both steel and alloy wheels with enhanced design capabilities, broadening its product portfolio in the passenger car segment.

Looking ahead, Wheels India plans to invest more than ₹280 crore in capital expenditure during FY27, exceeding the approximately ₹260 crore spent in the previous year. The planned investments are expected to support capacity expansion, product development and technology upgrades as the company strengthens its position in domestic and global markets.
 

News by Rahul Yelligetti.