B2B Industrials Startup Magma's Order Book Crosses INR 500 Crore in FY26
AI-Generated Summary
Ahmedabad-based B2B industrial solutions startup Magma has achieved an order book exceeding INR 500 crore for the current financial year FY26, signaling strong demand for its diverse offerings. The company specializes in speciality raw materials, waste management, green energy, biomaterials, and logistics, serving various manufacturing sectors across 10 states. This milestone highlights Magma's strategic focus on value-chain control, profitability, and sustainable growth within India's industrial landscape.
In a nutshell
This significant achievement by an Ahmedabad-based startup reflects the robust growth within Gujarat's industrial sector and the increasing demand for innovative and sustainable B2B solutions in India's manufacturing ecosystem. It underscores the potential for local enterprises to scale rapidly while addressing critical industrial challenges.
Source: Lokmat Times