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Greaves Cotton to spend Rs 110 cr on capex ​ Wed, Jun 2 2021 9:48 IST | ​ 0 Views Greaves Cotton to spend Rs 110 cr on capex. Image Source: IANS News Chennai, June 2 : Diversified engineering company Greaves Cotton Ltd plans a capital expenditure of about Rs 110 crore this year of which majority will be on its electric two wheeler plant at Ranipet in Tamil Nadu, said a top official. He also said the electric two wheeler plant is expected to roll out its product by the end of this year. We plan to invest about Rs 110 crore towards capital expenditure this year. About Rs.70 crore will be for the electric two wheeler plant at Ranipet to be commissioned by the end of this year, Nagesh A. Basavanalli, Managing Director and Group CEO told IANS.

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