Mumbai, Dec. 15 -- As part of this agreement, Topy Industries will provide technical knowhow and engineering support to enhance Wheels India's design and manufacturing capabilities for the cast aluminium wheel business.

The company is currently in the process of expanding the annual capacity at its alloy wheels plant in Thervoi Kandigai to 7 lakh wheels per annum from the existing 5 lakh wheels per annum. This capacity expansion is expected to be completed by the end of the next quarter. Wheels India also plans to further ramp up capacity to 10 lakh wheels per annum next year and this expansion is expected to be completed by the end of FY27.

Wheels India had forayed into the alloy wheel business in FY21 with a state -of- the-art facilit...