Bajaj Electricals Aims to achieve turnover of Rs 5,500 Crore in FY17

0
641

Currently the Bajaj Electricals has an order book of Rs 2000 Cr. Bajaj is looking forward to bid for tenders, which will meet the company’s margin requirements.

 

The company has a plan to put in and add more distributors to the network of the firm. As the summers have arrived in, the demand for fans, coolers and AC are geared up. All the inventory of the company has been sold out, according to the CMD of the Bajaj Electricals. The company is expecting the growth of the organization in double digits by selling more in cooler segments in financial year 2017. Currently the Bajaj Electricals has an order book of Rs 2000 Cr. Bajaj is looking forward to bid for tenders, which will meet the company’s margin requirements. Talking about the turnover of the company, it is expecting around Rs 5,500 Cr. in this financial year. The company’s construction business engineering and procurement will be contributing 30-35% of worth Rs 2,000 Cr.

 

LEAVE A REPLY