Magenta Lifecare Ltd expands Production Capacity, eyes to double its Market Share till 2026 end

Magenta Lifecare Limited, a publicly listed company based in Vadodara and a leading manufacturer of sleep solutions such as mattresses and pillows, has significantly expanded its manufacturing capabilities with the addition of a new 20,000 sq. ft. facility adjacent to its existing premises.

This strategic expansion is part of the company's broader growth vision, which includes potential major acquisitions aimed at reinforcing its market position and scaling operations.

"By the end of 2025, we aim to double our production capacity with complete end-to-end processes in-house. Our goal is to achieve full backward integration to manage all aspects of manufacturing and raw material requirements. We are committed to delivering sustained value to our investors and stakeholders," said Mr. Divyesh Modi, Chairman of Magenta Lifecare Limited.

"We are highly optimistic about India's growth trajectory and aspire to play an active role in shaping it. Our target is to double our market share within the next two years."

The company is preparing to launch a new line of innovative sleep products in early 2025, further reinforcing its commitment to product differentiation and consumer satisfaction.

Alongside physical expansion, Magenta Lifecare is also strengthening its workforce and operational infrastructure. The company recently upgraded its ISO certification and implemented rigorous quality control measures across all production stages, ensuring compliance with global standards.

This strategic expansion and forward-looking vision position Magenta Lifecare as a compelling growth story in the consumer durables sector - one that is focused on scale, innovation, and consistent value creation.

Source : Equity Bulls

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