India has announced a capital expenditure plan of Rs 250 crore for financial year 2025–26, with a significant portion allocated to expanding its windmill components manufacturing.

Managing Director Srivats Ram stated that this investment would also support the company's aluminium wheels, balancing equipment, and hydraulic cylinder businesses. Of the total, Rs 100 crore will specifically go toward increasing windmill production capacity.

Wheels India anticipates continued strength in overseas markets throughout the current financial year and is laying the foundation for significant export growth over the next three years.

The company, which manufactures wheels and industrial components for vehicles and sectors like construction and renewable energy, operates manufacturing facilities across Tamil Nadu, Maharashtra, Uttar Pradesh, and Uttarakhand. It is actively expanding its global footprint and product range to cater to increasing international demand.