Raymond Limited, through its subsidiaries, is accelerating capacity expansion in Andhra Pradesh to support strong business momentum and rising customer requirements. As part of the initiative, the company's subsidiary is setting up an additional brownfield manufacturing facility near its existing mega manufacturing unit in the state.
The brownfield facility will serve as an interim capacity expansion initiative, aimed at meeting incremental customer demand and supporting higher volumes during the current financial year. The move reflects the company's focus on responding quickly to market opportunities while maintaining capital and execution discipline.
Meanwhile, Raymond's planned greenfield project in Andhra Pradesh is progressing as scheduled. The larger facility is expected to serve as a long-term manufacturing platform, significantly expanding the company's infrastructure and supporting its medium- to long-term growth plans.
Sanjeev Sharma, Joint Managing Director and CEO of JKMPTL–Raymond Group, said the accelerated expansion would help the company address immediate customer requirements, while the greenfield project would provide the foundation for sustained future growth.
The two-pronged strategy combines near-term brownfield capacity additions to accommodate current demand with long-term greenfield infrastructure to support expanding business opportunities across domestic and international markets.
The expansion reinforces Raymond's focus on developing a scalable, capital-efficient manufacturing platform to strengthen its operational capabilities and support future growth.