
Raymond Accelerates Andhra Pradesh Expansion
Raymond Limited, through its subsidiaries, is accelerating capacity expansion in Andhra Pradesh by setting up an additional brownfield manufacturing facility. This interim measure aims to support strong business momentum and growing customer requirements, with expected incremental volumes during the current financial year. The company's planned greenfield project in Andhra Pradesh, a larger long-term manufacturing platform, is progressing as scheduled. This two-stage expansion strategy, combining near-term brownfield augmentation and long-term greenfield development, reinforces Raymond's focus on a scalable, capital-efficient manufacturing platform to address domestic and global market opportunities.
Key Highlights
- Accelerating capacity expansion in Andhra Pradesh via new brownfield facility.
- Interim facility to support current financial year's incremental volumes.
- Planned greenfield project for long-term growth remains on schedule.
- Two-stage expansion strategy to meet near-term demand and future growth.
Price Impact
More from RAYMOND