Aeroflex announces capacity expansion with outlay of Rs 202 cr

Aeroflex Industries announced a capacity expansion programme with a total capital expenditure outlay of Rs 202 crore. The investment will focus on expanding the Company's manufacturing capabilities across SS Hose & Braiding, Assemblies and Liquid Cooling Skid Assemblies.

The proposed expansion is aimed at strengthening the Company's manufacturing infrastructure and supporting its long-term growth ambitions through the following capacity enhancements:

• SS Hose & Braiding: Manufacturing capacity to increase from 20 million metres p.a. to 30 million metres p.a., enhancing the Company's production capabilities. ?h
• Hose Assemblies: Increased hose manufacturing capacity is expected to support an expansion in the production capacity of associated hose assemblies. ?h
• Liquid Cooling Skid Assemblies: Capacity to expand to 30,000 pieces p.a., strengthening Aeroflex's capabilities in the growing liquid cooling infrastructure segment.

The proposed capital expenditure will be funded through a combination of equity, bridge loan and internal accruals. The expansion programme will comprise a mix of brownfield expansion at the Company's existing Taloja facility and a new manufacturing facility for Hose Assemblies. The investment will be undertaken in a phased manner, with the target to complete the expansion by March 2028.