Business EconomyPosted at: Oct 12 2026 4:11PM


Raymond steps up Andhra Pradesh expansion with additional manufacturing capacity

Hyderabad, Oct 12 (UNI) Raymond Limited is accelerating its manufacturing expansion in Andhra Pradesh through an additional brownfield facility near its existing mega manufacturing unit, seeking to meet rising customer demand in the current financial year while advancing a larger greenfield project for long-term growth.
The additional facility, being set up by a subsidiary of the company, is intended to provide interim capacity to accommodate incremental orders and volumes.
The move reflects Raymond’s strategy of adding production capacity in phases to capture near-term business opportunities while maintaining capital and execution discipline.
The brownfield expansion will complement the company’s planned greenfield manufacturing facility in Andhra Pradesh, which is progressing as scheduled and is envisaged as a larger production platform to support its medium- and long-term growth plans, the company said in a release on Monday.
“The accelerated expansion in Andhra Pradesh reflects the strong momentum we are seeing in the business. While our greenfield project remains the foundation for our longer-term growth, the additional brownfield capacity will allow us to respond faster to current customer requirements,” said Sanjeev Sharma, Joint Managing Director and CEO of JKMPTL, Raymond Group.
The company is pursuing a two-stage capacity expansion strategy, with the brownfield facility addressing immediate demand requirements and the greenfield project providing scalable infrastructure for future growth.
The expansion is expected to strengthen Raymond’s manufacturing capabilities and position it to pursue opportunities in domestic and international markets.
The company has not disclosed the investment outlay or additional production capacity associated with the brownfield facility.
UNI KNR BM
Please log in to get detailed story.
Tags: #Raymond steps up Andhra Pradesh expansion with additional manufacturing capacity
More News

Maha: Hyundai inaugurates Talegaon plant; Rs 11,000 Crore investment planned; CM invites more Korean industries

14 Oct 2026 | 10:56 PM

Pune, Oct 14 (UNI) Maharashtra Chief Minister Devendra Fadnavis on Wednesday inaugurated Hyundai Motor India's manufacturing facility at Talegaon in Pune district and invited South Korean companies to invest in the state, assuring them of a seamless investment process through a single-window clearance system.

see more..

Telangana CM assures UK Investors of Policy Continuity, Focus on Manufacturing

14 Oct 2026 | 8:44 PM

Hyderabad, Oct 14 (UNI) Telangana Chief Minister A. Revanth Reddy on Wednesday assured a high-level UK delegation that investments in the state were safe, citing policy continuity, a large talent pool and a conducive business environment as key strengths.

see more..

Reliance Jio platforms IPO bidding to open on October 21

14 Oct 2026 | 8:14 PM

Mumbai, Oct 14 (UNI) Reliance Industries informed the stock exchange here on Wednesday that its digital services unit Jio Platforms has filed its Red Herring Prospectus (RHP) for its initial public offering (IPO), setting the stage for the public issue to open for subscription on October 21, and close on October 23.

see more..

Noel Tata and son Neville file caveats in Bombay High Court regarding Trusts administration

14 Oct 2026 | 6:38 PM

Mumbai, Oct 14 (UNI) Tata Trusts Chairman Noel Tata and his son Neville Tata have filed caveats in the Bombay High Court seeking to ensure that the court hears their side before passing any orders in the case related to the administration of Tata Trusts as well as trustee appointments, sources said here on Wednesday.

see more..

Gopalan Aerospace targets USD 50 million revenue from Hoskote facility, signs five Czech MoUs

14 Oct 2026 | 5:55 PM

Bengaluru, Oct 14 (UNI) Gopalan Aerospace India Private Limited (GAIPL) is stepping up its aerospace and defence manufacturing ambitions with a new production line at its Hoskote facility near Bengaluru, backed by an investment of USD 40 million, and five agreements with Czech companies to explore collaboration in drones, advanced coatings and other technologies.

see more..