Page Industries Limited has informed the Exchange about Commencement of commercial production/operations
PAGEIND · price
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Page Industries has started commercial operations at a new manufacturing facility in Ramdaspur Village, Cuttack District, Odisha. The facility spans 650,000 sq. ft. of built-up area and includes a raw material warehouse, a men's innerwear manufacturing unit, and dedicated sections for socks and elastics. The company, which is the licensee for Jockey and Speedo brands in India, has not disclosed the investment amount or capacity details in this filing. This addition expands the company's production footprint beyond its existing facilities in Karnataka and other states.
The new facility should support volume growth in men's innerwear and socks, potentially improving margins through scale and lower logistics costs for eastern India markets. Capacity addition of this size is a positive operational signal but any immediate impact on stock price depends on how quickly it ramps up to optimum utilisation.