Announced Wed, 15 Jul · 18:02 IST

New Lucknow manufacturing facility starts commercial operations

Greenfield CommissionedCapex & Operations View source PDF

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AI summary

Riddhi Display Equipments has commenced commercial operations at its new manufacturing facility in Lucknow, Uttar Pradesh. The unit, located at Deva Road, is now fully operational. The expansion aims to increase production capacity, improve supply chain efficiency, strengthen the company presence in North India, and support its long-term growth strategy.

Likely market impact

Positive - new facility should boost capacity, efficiency and North India presence, potentially driving future revenue growth.