TVS Srichakra Plans Rs 49.20 Crore Capacity Investment
TVS Srichakra is set to invest Rs 49.20 crore to expand its tyre manufacturing capacity, according to reports published on 17 October 2026 by Autocar Professional and Kalkine India. Both outlets reported the same investment figure, placing the planned outlay at Rs 49.20 crore. No further details on location, timeline or scope were available from the published headlines.
| Detail | Information |
|---|---|
| Promoter | TVS Srichakra |
| Project Type | Tyre Manufacturing Capacity Expansion |
| Investment Value | Rs 49.20 crore |
| Reported Date | 17 October 2026 |
| Sources | Autocar Professional, Kalkine India |
Sector Context: Rubber and Rubber Products Activity in India
The TVS Srichakra announcement arrives at a time of sustained capital expenditure across India's rubber and rubber products sub-sector. Projects India tracks 87 live projects in this sub-sector, of which two were added in the past 90 days. Among those currently under way, CEAT Limited's tyre manufacturing expansion at Sriperumbudur, Kancheepuram, Tamil Nadu, is valued at Rs 1,314 crore and has entered the construction stage. Balkrishna Industries Limited's highway tyres expansion at Bhuj, Gujarat, carries a similar scale at Rs 1,300 crore and is also in construction. Apcotex Industries Limited has two separate synthetic rubber and latex projects under construction in Bharuch, Gujarat, with the first valued at Rs 210 crore.
Other recently tracked projects include an Apollo Tyres manufacturing unit at Sri City, Andhra Pradesh, valued at Rs 30.31 crore and in construction; a rubber moulded components unit in Talegaon, Pune, worth Rs 105 crore under approvals; and a rubber unit at Lalru, Rupnagar, Punjab, valued at Rs 35 crore, currently on hold. These projects illustrate the range of investment sizes and stages active across the sub-sector at present.
Geographic Spread of Tracked Projects
Gujarat leads all states in tracked rubber and rubber products projects with 23, followed by Andhra Pradesh with 14, Maharashtra with 12, Tamil Nadu with 11, Telangana with 6, and Haryana with 5. This distribution reflects both the concentration of petrochemical feedstock infrastructure in Gujarat and the strong automotive cluster presence in Tamil Nadu, Maharashtra and Andhra Pradesh, all of which generate sustained demand for tyre and rubber component manufacturing capacity.
Suppliers and contractors seeking geographic exposure to this sub-sector will find Gujarat and Andhra Pradesh among the most active states for new and ongoing rubber-related capital works, as tracked by Projects India's industrial projects coverage.
Project Pipeline by Stage
Of the 87 projects tracked in the rubber and rubber products sub-sector, 25 are recorded as completed, 22 are in construction, 21 are under approvals, 4 are in planning, 4 have received approvals, and 5 are on hold. The 22 projects in active construction represent near-term procurement and site activity, while the 21 under approvals signal a pipeline of projects likely to move into tendering and contracting phases in the coming months. The 4 projects in planning are at an earlier stage and may present longer-lead opportunities for equipment suppliers and engineering firms positioning themselves early.
Recent tyre sector investment has also included a related CEAT expansion covered previously. Readers can refer to the CEAT Chennai plant expansion for additional context on the Tamil Nadu tyre manufacturing corridor.
What this means for suppliers and contractors
The TVS Srichakra announcement, at Rs 49.20 crore, is a mid-scale capacity expansion that is likely to involve procurement of tyre manufacturing machinery, civil and structural works, and utilities installation. Suppliers of tyre-building equipment, curing presses, mixing and compounding machinery, and ancillary plant infrastructure should note this project as an early-stage opportunity to engage with the promoter.
More broadly, with 22 projects in active construction and 21 under approvals across the rubber sub-sector, the pipeline of near-term procurement activity is substantial. Gujarat, with 23 tracked projects, presents the densest concentration of opportunity, followed by Andhra Pradesh and Maharashtra. Contractors with rubber and plastics plant construction experience across these geographies are well placed to pursue work as approvals-stage projects move forward.
Projects India currently records no open India tenders in the industrial projects category, meaning supplier engagement at the project identification and pre-tender stage remains the primary route to early positioning in this sub-sector. Tracking projects from the approvals stage onward gives the longest lead time ahead of formal procurement processes.
For a full view of tracked activity in this space, the rubber and rubber products projects page covers all 87 live projects across India.
Frequently asked questions
How much is TVS Srichakra investing in its tyre manufacturing expansion?
TVS Srichakra has been reported to invest Rs 49.20 crore in expanding its tyre manufacturing capacity. Both Autocar Professional and Kalkine India reported this figure on 17 October 2026. No further details on location or scope were available from published reports.
How many rubber and rubber products projects are active in India?
Projects India tracks 87 live projects in the rubber and rubber products sub-sector across India. Of these, 22 are in active construction and 21 are under approvals, indicating a substantial near-term pipeline of procurement and contracting activity.
Which states have the most rubber sector projects in India?
Gujarat leads with 23 tracked rubber and rubber products projects, followed by Andhra Pradesh with 14, Maharashtra with 12, Tamil Nadu with 11, Telangana with 6, and Haryana with 5, based on Projects India data.
