Pricol Limited, a Coimbatore-based manufacturer of automotive components, which recently inaugurated its new plant in Pune, expects around Rs 220 crore revenue from this facility every year.
The company, however, did not disclose investment details.
Spread over 6.58 acres of land in Phulgaon, Pune, the surface-mount technology and printed circuit boards manufacturing lines will cater to the growing electronic cluster business in the two-wheeler, commercial vehicle, off-road and tractor segments.
The manufacturing plant at Pune is expected to clock an annual revenue of Rs 220 crore in the next two years, up from the current annual revenue of Rs 120