Simpolo Group

Simpolo Group announced an investment of Rs 1,000 crore over three years to triple its manufacturing capacity. The company plans to expand its Malia plant in Gujarat (Rs 650 crore, capacity addition 13.5 million sq m/year, operations in FY26) and build a new plant in Naidupeta, Andhra Pradesh (Rs 350 crore, capacity 13.2 million sq m/year, operations in FY25).