Raymond Limited is accelerating its manufacturing capacity expansion in Andhra Pradesh to meet growing customer demand and support business growth. Through its subsidiaries, the company is setting up an additional brownfield facility near its existing mega manufacturing unit.

The new facility will provide additional production capacity during the current financial year. It is expected to help Raymond manage higher order volumes, respond faster to customer requirements and capture near-term business opportunities.

Brownfield Expansion to Meet Immediate Demand

The accelerated expansion reflects Raymond's focus on meeting customer needs while maintaining cost and execution discipline. The additional facility will serve as a short-term capacity enhancement measure.

By expanding near its existing manufacturing unit, Raymond aims to strengthen operational flexibility without waiting for its larger manufacturing project to become operational.

Greenfield Project to Support Long-Term Growth

Alongside the brownfield expansion, Raymond's planned greenfield manufacturing project in Andhra Pradesh is progressing as scheduled. The new facility is designed to create a larger manufacturing platform for the company's medium- and long-term growth.

Sanjeev Sharma, Joint Managing Director and CEO of JKMPTL, a Raymond Group company, said the additional brownfield capacity would help the business respond more quickly to current customer requirements. He also emphasised that the greenfield project remains central to the company's long-term expansion plans.

Two-Stage Strategy to Strengthen Manufacturing

Raymond is following a two-stage approach to expand its manufacturing capabilities. The brownfield facility will address immediate production needs, while the greenfield project will provide infrastructure for future growth.

This strategy aims to build a scalable and capital-efficient manufacturing platform. It will also strengthen Raymond's ability to serve customers across domestic and international markets.

The expansion highlights the company's focus on improving production capacity, supporting rising demand and preparing for new business opportunities. As both projects progress, Raymond aims to strengthen its manufacturing presence and create a foundation for sustained growth.