Cupid Limited Receives In-Principle Board Approval to Set Up FMCG Manufacturing Facility in Saudi Arabia

Nashik (Maharashtra) [India], December 30: Cupid Limited has received approval from its Board of Directors to set up a new FMCG manufacturing facility in the Kingdom of Saudi Arabia (KSA). This will be the company’s first manufacturing plant outside India, marking an important milestone in its international expansion journey.

The proposed facility is aimed at supporting Cupid Limited’s FMCG growth strategy and strengthening its presence in overseas markets, beginning with the Gulf Cooperation Council (GCC) region. The plant is expected to enhance regional supply capabilities, improve speed to market, and ensure better product availability across KSA and other GCC countries.

The project is proposed to be funded through the company’s internal accruals and will be taken forward after completing detailed evaluations and obtaining necessary regulatory and statutory approvals.

By establishing a manufacturing base closer to key international markets, Cupid Limited aims to deepen its FMCG footprint globally and improve service efficiency across the region.

If you have any objection to this press release content, kindly contact [email protected] to notify us. We will respond and rectify the situation in the next 24 hours.

Business

Sachin Tendulkar Joins SML Limited as Brand Ambassador to Strengthen Trust-Led Growth in Indian Agriculture

Mumbai (Maharashtra) [India], July 6: SML Limited, a global leader in innovative and sustainable agricultural solutions, onboards cricket legend Sachin Tendulkar as its Brand Ambassador, as the company looks to strengthen trust-led growth and deepen engagement with farmers and stakeholders across the agricultural value chain. The association builds on Sachin Tendulkar’s enduring credibility, widespread public […]

Read More
Business Gems of Maharashtra Kanchan Aswani Kartik Shivnani Konkan Estates Shri. Mangal Prabhat Lodha

Konkan Estates Honoured as Gems of Maharashtra 2026 by Shri. Mangal Prabhat Lodha in Mumbai

Kanchan Aswani and Kartik Shivnani of Konkan Estates receive an award from Maharashtra Minister Shri Mangal Prabhat Lodha at the Gems of Maharashtra event in Mumbai. Mumbai (Maharashtra) [India], July 6: On 29th June 2026, Kanchan Aswani, CEO & Managing Director, and Kartik Shivnani, Director of Konkan Estates – A Tathastu Global Venture, were honoured with the […]

Read More
Business

Analytics Insight’s Indian Tech Funding Q2 2026 Report: Non-VC Capital Gains Ground as India Startups Raise $4.37B in Q2 2026

New Delhi [India], July 6: Indian technology startups raised approximately $4.37 billion in disclosed funding between April and June 2026, according to Analytics Insight’s new market report ‘India Tech Funding Q2 2026’, tracking capital flow, deal volume and sector performance across the quarter. The findings point to a barbell-shaped funding structure, with heavy activity at […]

Read More