TCPL plans to double its capital expenditure (capex) this fiscal year, with a significant portion of the investment going towards setting up a new plant in Vietnam. The company’s capex for the last fiscal year was around ₹308 crore, but it is expected to increase to more than double that amount, approximately ₹785 crore, this fiscal year. The company is making a significant investment of about ₹400 crore in a new plant in Vietnam.
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