Goyal Salt Ltd Secures Major Order Worth Rs 783.7 Million, Fueling Growth Prospects

Image Source : Goyal Salt

Goyal Salt Ltd has received an order valued at Rs 783.7 million, marking a significant milestone in its business expansion. This development underscores the company’s growing market presence in the salt sector, backed by strategic investments in advanced manufacturing and wide product offerings across India and internationally.

Goyal Salt Limited, a leading manufacturer in the Indian salt industry, has announced the receipt of a substantial order worth Rs 783.7 million. This order is a testament to the company’s expanding footprint and increasing demand for its range of high-quality edible and industrial salt products.

Founded in 2010 and headquartered in Rajasthan’s salt-rich Sambhar region, Goyal Salt operates multiple manufacturing units including a state-of-the-art facility in Gandhidham capable of producing 4,50,000 metric tonnes annually. Coupled with the existing Nawa City plant, the company’s total capacity stands at 6,60,000 metric tonnes, reinforcing its position among India’s top salt producers.

With a portfolio featuring Triple Refined Free Flow Iodized Salt, Double Fortified Salt, Industrial Salt, and specialized variants like Triple Refined Half Dry Salt, Goyal Salt caters to diverse industrial and consumer needs across North India and increasingly in Western and Eastern regions. The recent order aligns with its strategy to enhance market penetration and broaden geographical reach, particularly in Maharashtra, Gujarat, Odisha, and Assam.

Managing Director Pramesh Goyal highlighted that the order positions the company well to capitalize on the growing demand for quality salt, driven by health-conscious consumers and expanding industrial applications. The company’s emphasis on quality, technology, and timely delivery has earned it a loyal customer base and robust distributor network.

Notable Updates:

Received Rs 783.7 million order, boosting growth trajectory and market confidence.
Manufacturing capacity enhanced with new Gandhidham facility supporting 4,50,000 MT production annually.
Diverse salt product range includes edible, fortified, industrial, and specialized salts.
Operations spread across northern India with expansion into western and eastern markets.
Sales growth over 34% in the past year, highlighting strong demand and operational execution.
Strategic focus on high-quality, technology-enabled production and supply chain efficiencies.
Plans underway for further capacity expansion and deeper market penetration in new states.

This major order highlights Goyal Salt’s robust business fundamentals and its commitment to becoming a dominant player in both domestic and international salt industries, supporting India’s growing food and industrial sectors.

Sources: Indian Retailer, Economic Times, NSE India, Goyal Salt Ltd official disclosures, Moneycontrol.

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