Kindly find the attached Press Release.
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Magenta Lifecare, a Vadodara-based mattress and pillow maker, has expanded its manufacturing footprint by adding a new 20,000 sq. ft. facility next to its existing plant. The company aims to double its production capacity by end of 2025 with full in-house, backward-integrated manufacturing. Management has set a target to double its market share by end of 2026 and is also evaluating potential major acquisitions. A new line of sleep products is planned for launch in early 2025, alongside an ISO certification upgrade and stricter quality controls.
The expansion signals an aggressive growth push that could boost future revenue and margins, but execution risk remains since no financial size of the capex or acquisitions has been disclosed yet — investors should watch for further details.