Proventus Agrocom Announces Operational Readiness of State-of-the-Art Manufacturing Facility in Surat
Proventus Agrocom Limited has announced the operational readiness of Phase 1 of its advanced manufacturing facility located in Surat, Gujarat. This milestone marks a significant step in the company's long-term strategy for manufacturing expansion, designed to build a scalable and integrated platform supporting its flagship consumer brand, ProV.The new facility boasts an integrated space covering approximately 200,000 sq. ft. It is equipped with advanced processing, packaging, and automation technologies, which are expected to substantially reinforce the company’s production capabilities and supply chain efficiency.
This addition to the manufacturing infrastructure is designed to support Proventus Agrocom Limited’s broader growth objectives. The company has targeted a significant increase in aggregate pouch manufacturing capacity, projecting that it will rise from approximately 1.5 lakh pouches per day currently to over 4 lakh pouches per day by the end of FY27—representing an increase of more than 2.5 times.
The operational readiness is part of ProV’s expansive integrated manufacturing network across India. The company also detailed its other operational facilities:
| Facility Location | Status/Capacity Details |
|---|---|
| Surat, Gujarat | Operational state-of-the-art facility spanning 200,000 sq. ft., expected to be a major manufacturing hub upon full commissioning. |
| Mumbai, Maharashtra | Operational facility with capacity of approximately 1.5 lakh pouches per day and nearly 47,000 sq. ft. of integrated manufacturing space. |
| Purnia, Bihar | Phase 1 operational, focusing on backward integration for makhana sourcing and processing, with a targeted processing capacity of approximately 2,500 tonnes per annum over the next three years. |
These combined facilities are set to strengthen ProV’s Farm-to-Home value chain by enhancing manufacturing capabilities and improving supply chain resilience. The development is also anticipated to generate significant direct and indirect employment opportunities within the region.
The operational readiness at Surat contributes directly to the company's medium term strategic objective: achieving ₹ 1,100 crore in annual sales for the ProV brand by FY28.
Commenting on this milestone, Mr. Durga Prasad Jhawar, Managing Director of Proventus Agrocom Limited, stated that the facility substantially strengthens the company’s infrastructure and reinforces its commitment to a scalable, technology driven, and integrated food manufacturing platform. He added that while the project enhances production capabilities, it is also expected to create meaningful employment opportunities and positively contribute to the regional economy.
Proventus Agrocom Limited operates as an integrated healthy foods company, covering sourcing, processing, manufacturing, branding, and distribution of dry fruits, nuts, seeds, berries, makhana, and healthy snacks under its ProV brand.
PROV Stock Price Movement
Proventus Agrocom Limited shares today slipped by 0.32% to settle at ₹1550.05 in post-market trading. The stock closed lower, shedding nearly five rupees from its previous close as traders navigated the evening session.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
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