Goyal Salt Limited — Important, 21-04-2025: Updates

Goyal Salt Limited has inaugurated its new Salt Refinery Plant in Chirai Moti, Gujarat, marking a significant expansion in its production capacity. The new facility boasts a capacity of 4,50,000 MT per annum, complementing the existing Nawa Plant's capacity of 2,10,000 MT per annum, increasing the total capacity to 6,60,000 MT per annum. This expansion positions Goyal Salt as a major player in the Indian salt market, with plans to double turnover to Rs. 300 crores within two years and expand its reach from 5,000 retail outlets to potentially every household in India over the next five years. The inauguration ceremony celebrated the hard work and dedication of the team, laying the groundwork for future growth and strategic initiatives in both domestic and overseas markets. Investors should watch closely for how this expansion translates into revenue growth and market presence.