Maharashtra PEXPO Growth: Maharashtra ‘powerhouse’, western region accounts for around 30 per cent of PEXPO growth

• Strong and extended distribution and retail network across markets
• Promote rapid market acceptance and commercial expansion
• Significant contribution of Western Division in sales growth, repeat purchase and adoption of premium products

Maharashtra PEXPO Growth: Maharashtra is a strategically important market for Pexpo, a leading Indian brand in sustainable steel bottle manufacturing, with the western region accounting for around 30 per cent of the company’s total business. With a strong and extensive distribution network spread across the states of Maharashtra, Gujarat and Goa, the Western region has emerged as a key driver of PEXPO’s revenue growth, new product launches and business expansion.

A deep-rooted presence in key markets in Maharashtra as well as long-standing partnerships with distributors and retailers have helped increase the brand’s visibility. The department has been instrumental in accelerating the adoption of ‘Made-in-India’ insulated steel bottles.

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PEXPO’s consistent performance in the state underlines the strong customer confidence, competent retail network and continuous interaction with trade partners. As a result, Maharashtra has been established as one of the most important growth centers for the company.

PEXPO has recorded a tenfold increase in revenue in the last six years, from around Rs 20 crore in 2020 to Rs 180 crore in 2024. The company is on track to cross the Rs 250 crore revenue milestone by the end of FY2025.

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This growth has been made possible by consistent investment in innovation, product excellence and the company’s mission to reduce reliance on plastics.

“Our journey has been truly inspiring,” said PEXPO Director Vedant Padia. “On the strength of small beginnings and a big vision, we have grown tenfold in revenue in six years. This is due to the trust of our customers and the tireless efforts of our team. Markets like Maharashtra have played a central role in this growth, helping us to accelerate expansion, new products and build a strong business ecosystem.”