Federal-Mogul Goetze (India) Approves Plan To Increase Production Capacity

Federal-Mogul Goetze (India) is expanding its manufacturing output for cast iron rings, steel rings, pistons, and valve parts (as stated in the source alert; not independently verified). The planned investment of ₹335.1 crore is self-funded, reinforcing the company’s zero-debt profile, which recently supported a massive ₹94 per share dividend distribution.