Aelea Commodities Commences Production at Unit 11 After ₹370.8 Million Investment, Marks Major Expansion in Cashew Processing

Aelea Commodities Ltd has announced the successful commencement of production at its new Unit 11, following a capital investment of ₹370.8 million. This strategic expansion strengthens the company’s position as a leading player in the Indian agro-processing sector, particularly in cashew and allied commodities, and is expected to significantly boost its processing capacity and future revenues.

 

Unit 11 Production Begins:

Aelea Commodities has started operations at its latest processing facility, Unit 11, after completing a ₹370.8 million investment in plant, machinery, and infrastructure. The facility is located in the Surat district of Gujarat, a key hub for the company’s cashew nut processing and export business.

 

Capacity Expansion:

The new unit is part of Aelea’s broader capacity expansion plan, which aims to meet rising demand for processed cashew products both domestically and internationally. The company is now utilizing over 95% of its installed capacity at existing units, with Unit 11 expected to further increase daily throughput and operational efficiency.

 

Funding and IPO Utilization:

Funds for the new unit were raised through Aelea’s IPO in 2024, with proceeds specifically earmarked for setting up new manufacturing facilities and upgrading existing plants. The company has communicated to exchanges that 75% of its total planned capacity expansion is now complete, with Unit 11 being a major milestone.

 

Product Focus and Market Reach:

Aelea Commodities specializes in processing and trading cashews, importing raw cashew nuts from Africa and supplying processed products to clients across India, Dubai, and Sri Lanka. The company also trades a range of other agro commodities such as sugar, rice, pulses, and beans.

 

Future Growth Plans:

With Unit 11 operational, Aelea plans to further diversify into value-added products like Cardanol and Residol, and explore sustainable fuel and biochar production from cashew shell residue, tapping into global demand for eco-friendly materials.

 

Insight

The commissioning of Unit 11 marks a significant step in Aelea Commodities’ growth trajectory, enhancing its processing capacity and supporting its ambition to be a major force in India’s agro-processing and export sector. The strategic investment is expected to yield strong returns as the company leverages new technology, expanded capacity, and a growing market for processed cashew and allied products.

 

Source: Scribd, NDTV Profit, Moneycontrol, Economic Times