Birla Precision to ramp up capacity to tap emerging opportunities in India
With a shif t in the global supply chain amid the pandemic and companies looking beyond China for sourcing, auto component firm Birla Precision Technologies Ltd is ramping up its capacity to tap emerging opportunities in India, according to a top company official. To start with, the company plans to invest up to Rs 30 crore in the next one year to ramp up its drill manufacturing capacity under its cutting tools division.