Ahmedabad's Magma Industrial Solutions Crosses INR 500 Crore Order Book in FY26
AI-Generated Summary
Ahmedabad-based industrial solutions startup Magma has achieved a significant milestone, crossing INR 500 crore in its order book for the current financial year FY26. This growth highlights strong demand for its diverse offerings, which include speciality raw materials, waste management, and green energy. The company is strategically expanding its private-label arm, TerraMag, and scaling its waste management business to strengthen its circular economy offerings for industrial clients. Magma is confident of fulfilling a majority of this order book within the current year, reflecting trust from India's factories.
In a nutshell
This achievement underscores the robust growth of B2B industrial startups in Gujarat, reflecting increasing confidence from Indian manufacturers in sustainable and efficient solutions. Magma's focus on vertical integration, value-chain control, and an ecosystem-led model positions it as a key player in supporting India's manufacturing sector while balancing profitability and environmental responsibility.
Source: The Tribune
