Rajratan Global Wire Limited provided expansion outlook for fiscal year 2022-23. Rajratan Thailand anticipates to widen its national and global footprints, This is likely to be initiated following capacity expansion in the Thailand plant. The Company plans to enhance wallet share of high profit customers.

The expansion to 60,000 TPA is expected to become effective in second quarter, financial year 2022-23. Rajratan India will continue to debottleneck its patenting line manufacturing capacity (to be completed in the first quarter of financial year 2022-23). The first construction phase of the Chennai plant is likely to be completed by the end of fiscal year 2022-23.