Ritesh International Expands Capacity by 50% for ₹7 Cr

Ritesh International Ltd announced a significant 50% expansion of its manufacturing capacity, increasing production from 80 to 120 metric tons per day. This strategic move aims to meet growing product demand and strengthen market share. The expansion project involves a total capital expenditure of ₹7.00 Crore, funded by ₹1.00 Crore from bank debt and ₹6.00 Crores from internal accruals. Commercial operations are expected to commence by Q1 FY27-28, with the project completion targeted within approximately 8 months. The company anticipates this investment will enhance operating margins and drive sustained revenue growth.