Shanti Gold International Ltd Commences Commercial Production at Expanded Mumbai Facility
Shanti Gold International Limited, a prominent gold jewelry manufacturer in India, has commenced commercial production at its newly expanded manufacturing facility located in Marol, Andheri East, Mumbai, as of June 08, 2026. The successful completion of the capacity expansion project strengthens the company's position to service existing clients and pursue new strategic partnerships across both domestic and international organized jewelry retail markets.The expansion adds approximately 4,000 kgs per annum to the company's manufacturing capacity. The facility is located at Ground to 3rd Floor, Plot No. 1, Compartment No. 5, Concast House, Marol Co-operative Industrial Estate, Vasanji Road, Andheri East, Mumbai.
The newly operational expanded facility incorporates state-of-the-art machinery and modern infrastructure, integrating advanced manufacturing technology with traditional craftsmanship. This enables the company to deliver higher volumes of design led and customized jewelry offerings while maintaining consistent quality and timely delivery required by leading retail chains.
Key details regarding the capacity expansion:
| Metric | Detail |
|---|---|
| Commencement Date | June 08, 2026 |
| Location | Marol Co-operative Industrial Estate, Andheri East, Mumbai |
| Capacity Increase | Approximately 4,000 kgs per annum |
Mr. Pankajkumar Jagawat, Chairman and Managing Director of Shanti Gold International Limited, commented on the milestone. "We are delighted to announce that our capacity expansion is now complete and production has commenced. This is a significant milestone for Shanti Gold, reflecting our team's dedication and commitment to growth," he stated. Mr. Jagawat added that the expanded capacity positions the company strongly to meet rising demand from retail partners and enables scaling operations while maintaining quality and design excellence.
About Shanti Gold International Limited
Founded in 2003 by Mr. Pankaj Kumar Jagawat and Mr. Manoj Kumar Jain, Shanti Gold International Limited has established itself as one of India's trusted jewelry manufacturers. Headquartered in Mumbai, the company maintains a strong presence through offices across key markets in both North and South India.
The modern manufacturing facility in Mumbai spans over 28,000 sq. ft. By guiding its operations with 'creating timeless beauty through expert craftsmanship,' Shanti Gold continues to partner with leading retailers across India.
SHANTIGOLD Stock Price Movement
Shares of Shanti Gold International Limited slipped today by 1.18% to settle at ₹219.87. The equity saw heavy trading, with nearly 1.98 million shares changing hands in the market 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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