
Expansion16 Sept 2026, 10:20 am
Lords Mark Industries Completes Phase I Expansion Ahead of Schedule
AI Summary
Lords Mark Industries Limited has announced the successful completion of Phase I of its expansion at the Silvassa facility, nearly three months ahead of its December 2026 target. This expansion increases their surgical and orthopaedic product portfolio from 36 to 54 SKUs. The new production line is set to commence commercial operations on October 11, 2026. The company's existing 36 products have US FDA approval, and the 18 new SKUs are expected to receive clearance before December 2026. This strategic move enhances manufacturing capabilities, expands market reach, and supports the company's global ambitions in the medical devices sector.
Key Highlights
- Phase I expansion at Silvassa facility completed ahead of schedule.
- Product portfolio expanded by 18 new SKUs, totaling 54.
- New production line to start commercial operations by October 11, 2026.
- New products expected to receive US FDA clearance before December 2026.
Price Impact
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