Pavna Industries Limited a small cap company that supplies auto parts to big companies including Bajaj Kawasaki Honda TVS Mahindra has given important information to its investors today after the market closed after which the companys shares will be on the radar of investors on Tuesday January 20. The company today held the groundbreaking ceremony for its new state-of-the-art manufacturing unit in Hosur Tamil Nadu in its latest exchange filing. This is a significant step in the companys growth journey which will expand production capacity strengthen its presence in South India and better meet the changing needs of Indias automobile industry. According to the information shared this Hosur plant located close to many major vehicle manufacturers is an important part of the companys long-term growth strategy. The company stated that the first phase of this unit will involve an investment of approximately ₹50 crore and will supply essential auto components. Production at the plant is expected to begin by the end of 2026. Swapnil Jain Managing Director of the company said that todays ceremony marks an important milestone in Pavanas journey of continued growth and regional expansion. The Hosur facility reflects the companys strategy to be closer to customers improve operational efficiency and meet the changing needs of the automobile industry in a timely manner. He added that this investment will increase production capacity strengthen logistics and benefit the local economy. The companys stock closed at Rs 19.40 down 5.04% or Rs 1.03 on the NSE today and at Rs 19.94 down 2.68% or Rs 0.55 on the BSE. Pavan Industries Limited was incorporated on April 19 1994. The company manufactures reliable and high-quality automotive parts for a wide range of vehicles. The companys customers are well-known OEMs (Original Equipment Manufacturers) of the country which operate in segments like passenger vehicles two-wheelers three-wheelers heavy and light commercial vehicles and off-road vehicles. Talking about the companys clients these include Bajaj Kawasaki Honda TVS Mahindra Escorts Royal Enfield Ashok Leyland Mahindra Wheels Eicher Motors Tork Motors Revolt Mahindra Electric and many other big companies.
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