chennai delphitvs technologies a joint venture between borg warner and tvs group will invest rs 400450 crore over the next three years to expand its manufacturing facility at oragadam on the outskirts of chennai it would facilitate scaling up the annual production capacity of common rail systems crs to nine lakhthe automotive supplier brand which caters to different sections of the diesel engine market including passenger cars commercial vehicles tractors construction equipment vehicles and industrial engines will also explore opportunities in the marine vessel segment the oragadam plant has achieved a milestone production of three million crsat a press conference here on tuesday a viswanathan president of delphitvs technologies told reporters that an investment of around rs 150 crore each year would be made during the next few years currently our annual production is six lakh and it will increase to nine lakh over the next three to four years we are also working on marine vessels though we have not supplied anything so far that is the area where we see possible opportunities and a lot of tech work is happening he said delphitvs technologies recorded a revenue of rs 1800 crore in fy23 which is1520 growth over the corresponding year of 202122 around 15 of the total revenue is through exports we are focusing on increasing revenue by at least 15 in fy24 he addedb vishwanath chief technology officer delphitvs technologies said the demand for diesel engines would continue in the market