Clutch Auto has started commercial production at Kahrani, Bhiwadi- Alwar (Rajasthan) last week. 12 production lines have been commissioned.
The company has also added two more production locations its original location at Faridabad and outsourcing from an associate unit in DLF Industrial Area, Faridabad. Additional capacity so generated is being consolidated to reach - Rs. 5 million per day by end May.
The company will be able to meet increasing demand from four locations on a regular basis.
Shares of the company gained Rs 0.5, or 1.94%, to trade at Rs 26.25. The total volume of shares traded was 666 at the BSE (12.32 p.m., Tuesday).