Banco Products (I) Limited — Updates, 18-01-2025: Press Release

NRF, a wholly-owned subsidiary of Banco Products (India) Ltd., has opened a new 18,613 m² warehouse in Chitila, Romania, strategically located to enhance logistics and inventory management. This expansion follows the earlier establishment of a 12,700 m² facility in Valencia, Spain, highlighting NRF's efforts to meet increasing customer demand across the automotive aftermarket.

The new warehouse aims to improve operational efficiency and streamline order fulfillment, positioning NRF to adapt to future growth while enhancing service levels for local partners. Importantly, the location reduces transportation distances, contributing to a more sustainable supply chain. There are no anticipated disruptions to regular operations during this transition. This development reflects a positive outlook for NRF, indicating robust growth potential in the region.