Atul Auto Limited (AAL), one of the biggest three wheeler producer and leader in front engine diesel and CNG 3-wheelers, has witnessed major rise in sales of 3 wheelers in the month of August.
AAL has posted major increase of 92% in August by selling 1728 units as against 901 units for the same month in 2001, Vijay Kediya. MD said.
Kediya said AAL with a capacity of 24,000 units of production is intending to hike the manufacturing capacity two-fold. He said AAL has presence in 10 states of the country and in immediate future 7-8 other states would be included.
The company has also declared a rights issue which would be open for subscription, from the first week of October 2010, the company said.
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