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ICICI Direct Report
The Anup Engineering Ltd., one of the leading process equipment manufacturers in India, is on the brink of setting foot into a higher trajectory by way of debottlenecking its existing capacity and a new greenfield expansion.
Anup Engineering has commissioned a new heavy bay in the Odhav facility whereas the first bay of grass root facility in Kheda is expected to get commissioned by September 2021.
The new heavy bay at the Odhav facility will enable the Company to execute larger and more complex equipment orders at the said facility.
This shows that the management's target of making the company a Rs 1,000 crore company in the next five years looks within the realms of possibility.
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