StockWatch
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Gems, Jewellery And Watches
Expansion8 Jun 2026, 04:51 pm

Shanti Gold Commences Production at New Expanded Facility

AI Summary

Shanti Gold International Ltd has announced the commencement of commercial production at its new, expanded manufacturing facility in Marol, Andheri, Mumbai, effective June 08, 2026. This expansion, previously disclosed on January 22, 2026, is expected to increase the company's annual production capacity by approximately 4,000 kg. The facility is equipped with state-of-the-art machinery and modern infrastructure, aiming to enhance the company's ability to serve existing clients and pursue new partnerships in the organized jewellery retail sector, both domestically and internationally. The Chairman & Managing Director expressed optimism about meeting rising demand and scaling operations while maintaining quality.

Key Highlights

  • Commenced production at new expanded manufacturing facility in Mumbai.
  • Increases annual production capacity by approximately 4,000 kg.
  • Strengthens ability to serve existing customers and pursue new partnerships.
  • Facility equipped with state-of-the-art machinery and modern infrastructure.