Please find the attached press release for addition of New Customer_Goldmedal Electricals.
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Calcom Vision Ltd has onboarded Goldmedal Electricals, one of India's leading Fast Moving Electrical Goods (FMEG) companies, as a new customer for regular supply of LED lighting products. The partnership is expected to contribute an estimated ₹20-25 crore in annual revenue to Calcom Vision at steady-state capacity. Manufacturing will take place at Calcom's 15,000 sq. metre facility in Greater Noida, following Goldmedal's product specifications and quality standards. Goldmedal will market and distribute the products through its pan-India network covering 21+ cities. The initial order has already been executed, and the deal is domestic with no related party involvement.
This is a positive development for Calcom Vision as it adds a reputed FMEG brand to its already strong client roster (Panasonic, Bajaj, USHA, Polycab, etc.), diversifying revenue. The ₹20-25 crore potential annual revenue is meaningful for a small-cap EMS/ODM company and could support growth in the LED lighting segment.