JTL Industries has recently informed exchanges that it will boost its production capacity by 5,000 MT per quarter, allowing it to service a broader customer base better and strengthen its market position.
The company also said that this is an important step toward achieving a 40%-42% value-added product (VAP) share this year, especially with the planned introduction of Direct Forming Technology (DFT) in the second half of the year. This technical advancement will broaden their product offers and boost their market position.
In the exchange filing, the company further shared, “The new facility is equipped with advanced technology, perfectly aligning with our long-term vision of scaling operations and maintaining a competitive edge in the industry. The commissioning of new plant reflects our confidence in the sector’s growth prospects and underscores our commitment to delivering high-quality products while adhering to the highest standards of efficiency and sustainability.”