Maximus International Limited has drawn-up an over INR 250 million expansion plan for East African operations, over the next 2-3-years. This plan is designed to augment its manufacturing capacity by setting up a new state-of-the-art manufacturing facility. It will also enable MIL's expansion into high-potential markets in Africa.

The company aims to expand its top-line by over 20% CAGR in the same period and also expand its manufacturing capacity from the present 20,000-kilolitres per annum to 60,000-kilolitres per annum over the next 2-3-years. Sensing an immense potential in the African market, the company now plans to further expand its footprint in East Africa. The expansion would be undertaken through the green-field route and its facilities commissioned within the next 2-3 years.

The company aims to expand and strengthen its lubricants business this year itself (2022) in Rwanda, Uganda, and Tanzania either through a new subsidiary or an existing distributor partner. MIL through QLL caters to the requirements of both automotive as well as industrial and speciality oil clients in Kenya. It also exports to other neighbouring countries.

QLL's major distributors have been pivotal in pushing 2-wheeler and 4-wheeler oils to a level on par with global oil majors. For the industrial segment, MIL manufactures metal working fluids, textile machinery oils, extreme pressure grease and gear oils while for the speciality segment, it manufactures refrigeration compressor oils, speciality hydraulic fluids and printing ink oils. For the automotive segment, MIL's products include engine oils, gear oils and Automotive Transmission Fluid (ATF).

The company aims to accelerate its growth and expand its margins and profitability through a better product mix and focus on new potential markets.