KSB Limited has acquired new land adjacent to its existing Shirwal plant and constructed a new shed to expand production capacity. This expansion, targeting the Energy (Conventional and Nuclear) and Oil & Gas sectors, aims to increase annual pump manufacturing capacity by 20%. The investment, estimated at INR 400 Million, is funded through internal accruals and is expected to be completed by 2027, catering to future business growth.
Capacity Expansion at Shirwal Plant
KSB Limited has announced a significant capacity expansion initiative at its Shirwal plant in Satara, Maharashtra. The company has purchased additional land adjoining its current facility and successfully constructed a new manufacturing shed. This strategic move is driven by the anticipated future business visibility in the Energy (Conventional and Nuclear) and Oil & Gas sectors.
Project Details and Investment
The newly constructed shed is designed to enhance the overall production capacity of the Shirwal plant by approximately 20%. The facility will be utilized for the manufacturing of Project pumps, alongside other integral activities such as Piping, Painting, and Packing. The total investment required for this expansion is estimated at INR 400 Million, which will be financed through internal accruals. The company expects the proposed capacity addition to be completed by 2027.
Rationale for Expansion
This expansion is a proactive step by KSB Limited to cater to the projected future growth in its key business segments. The increased capacity will enable the company to meet the rising demand for its products in the Energy and Oil & Gas industries, reinforcing its market position and operational capabilities.
Source: BSE
