Firstly, the company plans to invest Rs 300 million in the next one year to increase its drill manufacturing capacity in the cutting tools segment. Automotive components company Birla Precision Technologies Ltd is increasing its production capacity to capitalize on new opportunities in India as the global supply chain changes during the epidemic and as companies look for regions to source from outside China, senior executives said. To begin with, the company plans to invest up to Rs 300 crore in the coming year to enhance its drill manufacturing capacity in the cutting tools segment. To begin with, the company plans to invest up to Rs 300 crore in the coming year to enhance its drill manufacturing capacity in the cutting tools segment. Vedant “India will play a key role in the global automotive supply chain. Over time, there is a growing desire to shift the supply chain to India to immediately eliminate the impact of the COVID-19 pandemic.” Birla Precision Technologies Bi...