Virtuoso Optoelectronics, through its wholly-owned subsidiary, has commenced commercial production of reciprocatory compressors at its new facility in Nashik, Maharashtra.

This plant has an annual capacity of 2.8 million compressors and involved an investment of 45 Crore.

This strategic initiative enhances the company's vertically integrated OEM/ODM capabilities, aligning with the 'Make in India' drive to reduce import dependence in the 22 million unit Indian compressor market.

This development is anticipated to create new opportunities in B2B and B2G segments, positively impacting revenue growth and margins.