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Automobile News

The Economic Times

Automobile / The Economic Times

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AutoMovers Group outlines Rs 500 crore expansion plan amid rising demand

AutoMovers Group intends to invest Rs 500 crore to expand and streamline its network across key markets. The investment aims to enhance sales and service capabilities while increasing manufacturing capacity. Rs 150 crore will be allocated to capital expenditures and inventory increases. The company expects to boost its insurance business significantly by 2030 and expand its trailer manufacturing facility.

23 Sep 2026 2:43 pm