# AutoMovers Group Plans Rs 500 Crore Expansion

> AutoMovers Group to invest Rs 500 crore in network expansion and insurance growth.
- Title: AutoMovers Group Plans Rs 500 Crore Expansion | Shortify
- Summary: AutoMovers Group to invest Rs 500 crore in network expansion and insurance growth. AutoMovers Group will expand its network and insurance business with Rs…
- Keywords: automovers group, rs 500 crore, network expansion, insurance business, lucknow trailer plant, up motor vehicles, AutoMovers, Group, Plans, 500, Crore, Expansion
- Source: The Economic Times — https://economictimes.indiatimes.com/industry/auto/auto-news/automovers-group-outlines-rs-500-crore-expansion-plan-amid-rising-demand/articleshow/134430065.cms
- Author: PTI
- Published: 2026-09-23T09:13:00+00:00
- Read time: 1 min
- Topics: automovers group, rs 500 crore, network expansion, insurance business, lucknow trailer plant, up motor vehicles
## Expansion Plan
AutoMovers Group plans Rs 500 crore investment over three years.
## Key Investments
Rs 150 crore for workshops, Rs 150 crore for inventory, Rs 200 crore for Lucknow plant.
## Service Capacity
New infrastructure will handle 300 vehicles daily.
## Insurance Growth
Targeting Rs 1,000 crore insurance business by 2030.
## Next Steps
Expansion starts in Lucknow before other cities.
## Key takeaway

AutoMovers Group will expand its network and insurance business with Rs 500 crore investment to meet rising demand.