The Company has initiated the capacity addition through lease of an additional facility
ROSSTECH · price
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Rossell Techsys has announced capacity expansion by leasing an additional facility near its existing manufacturing unit. The company will add 2,10,000 sq feet of space in two phases: 1,40,000 sq feet within 4-5 months and 70,000 sq feet within 8-12 months. This will nearly double existing capacity from 2,55,000 sq feet. The total investment is Rs 30 Crores, funded through a combination of debt and internal accruals. The expansion is driven by growing execution requirements from ongoing and forthcoming customer programs.
The capacity addition signals strong order flow and business growth prospects. Investors may view this positively as it indicates the company is scaling up operations to meet customer demand, which could support future revenue growth.