The Rajkot-based bearings manufacturer Ravi Technoforge is looking to invest about Rs 100 crore in fiscal 2012-13 for capacity and technical upgradation. The company has already invested about Rs 150 crore for setting up a new production facility as well as capacity expansion at existing ones. Last year, Ravi Technoforge had acquired waste land from the state government to set up a new production facility in the Shapar industrial zone near Rajkot. However, now the company is looking for more such land near its existing plant in Shapar. Moving up from its current Rs 100 crore in 2011-12, Ravi Technoforge is targeting turnover of Rs 150 crore in current financial year.