CWD Ltd has entered into a strategic partnership with a prominent global software firm to enhance its device-driven digital integration capabilities. This collaboration marks a significant step in the company's growth strategy and technological advancement.

Partnership Objectives

The strategic alliance focuses on three primary areas designed to strengthen CWD Ltd's market position:

Strategic Significance

This partnership represents CWD Ltd's commitment to leveraging external expertise to accelerate its digital transformation initiatives. By collaborating with an established global software firm, the company aims to enhance its technological capabilities and expand its service offerings in the digital integration space.

The alliance is expected to strengthen CWD Ltd's position in the device-driven digital solutions market, potentially opening new avenues for business development and customer engagement. The partnership underscores the company's strategic approach to growth through collaborative relationships with industry leaders.

CWD Limited has announced the commencement of full commercial operations at its new manufacturing facility in Mysuru, Karnataka, effective January 1, 2026. The company disclosed this development to BSE Limited on February 19, 2026, in compliance with SEBI listing regulations.

Facility Details and Investment

The new manufacturing facility is strategically located at Plot No. 242 - B, Thandya 2nd Phase, Chikkaiahnachatra Industrial Area, Thandavapura Village, Hobli, Nanjangud Taluk, Mysuru District, Karnataka. The facility represents a significant investment of up to INR 30 crores, financed through a combination of equity, loans, and internal accruals.

Advanced Manufacturing Capabilities

The Mysuru facility is equipped with state-of-the-art manufacturing technology designed to enhance production efficiency and quality. The facility features two high-speed fully automated SMT lines with advanced 3D AOI systems, effectively operating as four SMT lines with two lanes each. Additional capabilities include fully automated conformal coating lines, laser etching lines, and advanced X-Ray inspection systems.

The assembly lines are designed to accommodate up to 400 personnel per shift, providing substantial operational flexibility. The facility's installed capacity allows for the production of up to 15,000 units of sound boxes per day, subject to product mix and operational planning requirements.

Sustainability and Strategic Rationale

A notable feature of the new facility is its commitment to environmental sustainability. The manufacturing facility is fully solar-powered, demonstrating CWD Limited's dedication to sustainable and energy-efficient operations. This aligns with the company's broader environmental responsibility initiatives.

The facility establishment forms part of CWD Limited's strategic expansion plan aimed at augmenting manufacturing capabilities, improving operational efficiencies, and strengthening quality assurance infrastructure. The expansion is specifically designed to cater to increasing customer demand across the company's product portfolio.

Company Background and Performance

CWD Limited, incorporated in 2016 and headquartered in Mumbai, operates as a leading information and communication technology company specializing in integrated IoT solutions. The company designs, develops, manufactures, and sells solutions combining software and electronics across Consumer Electronics and Technology Solutions segments.

The company serves diverse industries including agriculture, healthcare, manufacturing, logistics, and fintech, establishing itself as India's premier sound box manufacturer. CWD Limited has demonstrated strong financial performance with a cumulative 9M FY26 revenue of approximately ₹81 crore, significantly outpacing its total FY25 revenue of ₹33 crore. The company maintains a robust executable order book exceeding ₹200 crore, providing revenue visibility for the next 12 to 18 months.