Kross Limited has announced the launch of its new product 'Tipping Jacks' in the trailer segment, marking a strategic expansion into a new product category. This development represents the company's efforts to diversify its product portfolio and tap into additional market opportunities within the automotive ancillary sector.

Product Launch Details

The company's new 'Tipping Jacks' product is specifically designed for the trailer segment, addressing the specialized requirements of this market. The launch demonstrates Kross Limited's capability to develop products beyond its traditional offerings and enter new automotive segments.

Production Capacity and Timeline

Kross Limited has set an ambitious production target of 800 units per month by FY 2027 for its new tipping jacks product. This production capacity target indicates the company's confidence in market demand and its commitment to establishing a significant presence in the trailer segment.

Market Strategy

The company plans to cater to both domestic and international markets with its new product offering. This dual-market approach suggests Kross Limited's strategy to maximize market penetration and revenue potential from the new product line. The international market focus also indicates the company's export ambitions in the trailer equipment segment.

Business Expansion

The launch of tipping jacks represents Kross Limited's continued efforts to expand its product range within the automotive ancillary space. By entering the trailer segment, the company is positioning itself to serve a broader customer base and potentially reduce dependence on existing product categories.

Kross Limited has announced the launch of Tipping Jacks in the trailer segment, marking a strategic expansion of its product portfolio in the commercial vehicle components sector. The company aims to reach a production capacity of 800 units per month by FY2027, targeting both domestic and international markets.

Product Launch Details

The newly launched Tipping Jacks are designed for the trailer segment, specifically for all tipping trailers that require these essential components. This product launch represents Kross Limited's continued focus on strengthening its position in the trailer business segment.

Production Capacity and Market Potential

Kross Limited has set ambitious production targets for the new product line. The company's goal to achieve a production capacity of 800 Tipping Jacks per month by FY2027 reflects its confidence in market demand and manufacturing capabilities.

The product has been positioned to serve multiple market segments:

• Trailer industry applications
• Original Equipment Manufacturers (OEMs)
• Both domestic and international markets

Company's Market Position

Kross Limited leverages its established presence in the trailer business, particularly in axles and suspension components across various states. The company's existing relationships with trailer manufacturers who use the Kross brand provide a strong foundation for the new product launch.

The strategic expansion into Tipping Jacks aligns with the company's focus on comprehensive solutions for the trailer segment. This diversification within the trailer components space demonstrates Kross Limited's commitment to meeting evolving customer requirements in the commercial vehicle industry.

Regulatory Compliance

The product launch announcement was made in compliance with SEBI Listing Regulations, specifically under Regulation 30 read with Schedule III Part A Para B. The company has also made the relevant information available on its official website at https://www.krosslimited.com as per regulatory requirements.