APHMEL Turns Near Closure Into Record Profits

APHMEL is a machinery company based in Kondapalli near Vijayawada.

It once lost a lot of money and was nearly closed.

Singareni began supporting it by placing orders and later taking control.

The company is now making profits instead of losses.

Its profit grew each year from 2023–24 to 2025–26.

It is also selling machinery and parts to more organisations across India.

The state government asked it to expand and find new markets.

A solar plant is being built to lower its electricity bills.