Raymond steps up Andhra Pradesh expansion with additional manufacturing capacity

Hyderabad, Oct 12 (UNI) Raymond Limited is accelerating its manufacturing expansion in Andhra Pradesh through an additional brownfield facility near its existing mega manufacturing unit, seeking to meet rising customer demand in the current financial year while advancing a larger greenfield project for long-term growth. The additional facility, being set up by a subsidiary of the company, is intended to provide interim capacity to accommodate incremental orders and volumes. The move reflects Raymond's strategy of adding production capacity in phases to capture near-term business opportunities while maintaining capital and execution discipline. The brownfield expansion will complement the company's planned greenfield…