Rockingdeals Circular Economy Limited (RDCEL) announced the signing of a significant deal to establish a new warehouse in Guwahati, marking its entry into the vibrant market of North East India. Spread over 10,000 sq. ft., the warehouse reflects the company's commitment to cater to the burgeoning demand for affordable and genuine products in the region.

With this addition, the company's overall warehouse capacity now stands at 60,000 sq. ft., significantly bolstering its operational capabilities and ensuring efficient service to customers across the country. Currently, RDCEL operates three warehouses in Faridabad.

The company will invest over INR 25 million from the proceeds of its recent IPO to set up the warehouse in Guwahati. The investment covers the set-up cost, inventory, and working capital for this warehouse which will open its doors to customers in the first week of June 2024. Located near Sarusajai Stadium in Guwahati, Assam, the new warehouse will offer a wide range of authentic and environmentally friendly products, including apparel, home goods, consumer electronics, and many more.

Customers can expect a diverse selection of high- quality products that align with the company's mission to promote sustainability and reduce environmental impact.