Electro Force (India) Limited — Important, 21-05-2025: General Updates

Electro Force (India) has announced a board meeting on approving a new manufacturing unit in Palghar, Vasai East, for trolleys and handling equipment. The plant is set to begin operations by Q3 FY 2025-26 with an investment of around Rs 25 Cr. This expansion supports the company’s growth plans and is likely to boost production capacity and revenue in the industrial equipment segment.