Key Operational Details
- Commercial production commenced on June 08, 2026 at new manufacturing facility
- Facility location: Ground to 3rd Floor, Plot No. 1, Compartment No. 5, Marol Co-operative Industrial Estate, Vasanji Road, Andheri (East), Mumbai – 400069
- Annual capacity addition: 4,000 kg per annum (approximately)
- Facility equipped with state-of-the-art machinery and modern infrastructure
- Expansion integrates advanced manufacturing technology with traditional craftsmanship
Strategic Context
- Continuation of expansion announced on January 22, 2026
- Strengthens ability to service existing customers and pursue new strategic partnerships
- Targets both organized jewellery retail in India and international markets
- Enables delivery of higher volumes of design-led and customized jewellery offerings
- Focus on maintaining quality and timely delivery for leading retail chains
Company Background
- Founded in 2003 by Mr. Pankaj Kumar Jagawat and Mr. Manoj Kumar Jain
- Headquartered in Mumbai with offices across key markets of India
- Existing manufacturing facility spans over 28,000 sq. ft. in Mumbai
- Strong presence in both North and South India markets
Management Commentary
Mr. Pankajkumar Jagawat, Chairman & Managing Director, stated: "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 our commitment to growth. The expanded capacity positions us strongly to meet the rising demand from our retail partners and enables us to scale our operations while maintaining the quality and design excellence that our customers rely upon."