Auto component manufacturer Pricol has announced plans to invest Rs 500-600 crore over the next two years as it enters a fresh capital expenditure (capex) cycle.

This move is driven by new customer acquisitions, capacity expansions, and upgrades to key product lines. The company aims to allocate Rs 250 crore in FY26 and a similar amount in FY27. As part of the expansion, Pricol is scaling up its switches division and preparing for new orders in special purpose machinery (SPM) and disc brakes. The company’s polymer business, which has reached 94-95 percent capacity utilization, will also see accelerated capacity additions to meet rising demand.

Additionally, Pricol is in the final stages of acquiring land for its next expansion phase, with plans for a new manufacturing plant underway. Managing Director Vikram Mohan stated, “We are entering a fresh investment cycle driven by our recent acquisition and several new business opportunities.”