TVS group in talks with Andhra Pradesh government to set up one of its largest forging units

TVS group is planning a multi phase forging unit near Krishnapatnam port in Andhra Pradesh. The group is in talks with the Andhra Pradesh government to set up the same. The company plans to invest Rs.250 crores in the first phase, and also expressed interest to expand the capacities in phases by investing further.

Extracted from ET, Apr 02,’15