Goyal Salt Targets ₹300 Crore Turnover with Gandhidham Plant Expansion

Goyal Salt Limited, leading FMCG player which specializes in salt, aims to double its turnover in two years to Rs. 300 crore with new Gandhidham facility coming into commercial production by end of March, 2025, significantly scaling its operations. The move is part of the company’s broader strategy to strengthen its operations and expand its market presence.

The Gandhidham plant, spread over 12 acres of land, with an investment of ₹80 crore and is expected to significantly increase Goyal Salt’s production capabilities. With a capacity of 4,50,000 MT, the plant is at trial run stage and expected to be operational by end of March 2025. With such plant capacity enhancement, Goyal Salt is poised to boost its market share, consolidating its leadership role in the industry.

Pramesh Goyal, Managing Director said, “It is our pleasure to inform that after complete commissioning of our latest manufacturing plant in Gandhidham, we expect the company turnover to at least double by the close of FY 2027. The establishment of Gandhidham facility allows us to get closer to western and eastern markets in the country by reducing logistics cost and hastening the delivery of finished products to our customers.

This underlines our firm commitment to expanding our market presence and keep bringing new high quality products to the market. Our new manufacturing facility in Gandhidham is shaping up well and should be operational by the end of the current financial year.”

The company reported sales of ₹105.26 crore for the nine month period ended December 2024, marking a growth of more than 34%, as compared to ₹78.55 crore during the same period last year.

The company currently works with more than 60 distributors in Northern markets and have appointed distributors in Maharashtra, Gujarat, Assam and Orissa. Currently the company has a reach of 5000 retail outlets and is expecting to reach every household in the country in the next five years.