Moneycontrol
Mar 30, 2012 03:57 PM IST | Source: CNBC-TV18

Bajaj Elec splits B2B, consumer goods; targets 20% growth

Against the Rs 3200 crore that Bajaj Electricals plans to close this year with, the company is expecting revenues to the tune of Rs 3800 crore next year, says Shekhar Bajaj, chairman and managing director.


Shekhar Bajaj, chairman and managing director at Bajaj Electricals says the excise duty hike or mild inflation spike is not likely to impact sales for his company, neither on the consumer durable side nor on capital goods. In fact, against the Rs 3200 crore that the company plans to close this year with, Bajaj Electricals is expecting revenues to the tune of Rs 3800 crore next year.

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