Novamax To open a new manufacturing Facility in Gorakhpur

Novamax, a home appliance brand, will establish a new production plant in Gorakhpur, Uttar Pradesh, and is anticipated to commence product manufacturing within a year, as stated in a company announcement.

This factory will meet the increasing needs in Nepal, Bengal, Jharkhand, and Bihar. The company has put in Rs 35 crores to establish the new factory, which covers an area of 26,000 square feet, according to the statement.

“With this facility, we aim to enhance our production capabilities and ensure timely delivery to our customers. Our goal is not only to expand our market reach but also to create substantial employment opportunities and encourage economic growth in the local community,” said Harshit Aggarwal, chief executive officer (CEO), of Novamax Appliances.

The factory is scheduled to begin operations in the coming year, offering 250 new positions in the area.

Novamax Appliances, established in 2019, is a brand that specializes in manufacturing air coolers. Novamax Appliances aims to achieve new financial milestones and diversify its product range in the current fiscal with an initial investment of ₹5.25 crores, targeting a financial closure of ₹160 crores.

The company has manufactured over 50 products for different labels. Since being founded, Novamax Group has specialized in producing Plastic model and Plastic Cooler bodies, producing over 400,000 coolers annually.