Pearl Global Industries Limited has announced expansion at its Indonesia facility. This new facility has been built on the land acquired in the year 2021 for expanding operations and the new facility replaces the one old facility which was on lease. Total capacity after new facility is 35%+ higher compared to earlier lease facilities in Indonesia.

New facility will be able to manage more complex processes, which will help the company to deliver more value-added products to the clients, which shall result in improved per piece realizations. This higher capacity is expected to yield higher revenues for Indonesia in fiscal year 2024-2025.