KEI Industries is likely to achieve 15-20 growth in exports in the coming years and CMD Anil Gupta says this is beneficial as export margins are 1-1.5 percent higher versus domestic market.
Watch Anil Gupta, Professor at IIM Ahmedabad in an interview with Manisha Gupta. He speaks about the agricultural sector and shares his views and wish-list from the Budget.
In an interview to CNBC-TV18, Anil Gupta, CMD of KEI Industries spoke about the latest happenings in his company and sector.
To attract young talent there is a need for strong support for entrepreneurship in agriculture sector and for that we need to have In situ value addition and In situ incubation, said Anil Gupta, Professor, Centre for Management in Agriculture, IIM Ahmedabad.
Speaking to CNBC-TV18, Concor's CMD Anil Gupta said revenue growth guidance has been trimmed to 7.5 percent for FY17 from 12.5 percent expected earlier.
The sector has witnessed a de-growth of 2 percent in 2015-16, ICRA said in an update on the Indian textile industry.
Domestic prices of ginned cotton have increased significantly from Rs 90-92/kg in April 2016 to Rs 122/kg currently.
Speaking to CNBC-TV18, Anil Gupta, CMD of the company said that KEI will get 40-45 percent of its revenue from retail by FY18 and aims to increase the number of dealers to 1500 from current 1000.
In a pluralistic, democratic and polycentric society, it is natural that building consensus will not be easy around a minimum agreed plan for mobilising youth for nation building.
Anil Gupta, CMD of KEI Industries says the company's volume growth for the cable business was at 25 percent in 9 months of FY16.
Anil Gupta, CMD of the company said this order will open up fresh opportunities for the company in future, while highlighting that the margins might take time to improve.
Videocon Telecom announced to offer double mobile Internet usage capacity on all schemes sold by the company while Aircel expanded its free mobile Internet service scheme to Jammu and Kashmir.
A society having large number of small entrepreneurs is much more democratic than the one dominated by a few large businesses.
Indian Prime Minister Narendra Modi is expected to bang the drum for his "Make in India" campaign during his maiden visit to China this week, but will companies from the "world`s factory floor" bite?
Narendra Modi will begin his three-day visit to China on Thursday, where he will meet top government officials and corporate leaders in Xi'an, Beijing and Shanghai to discuss greater economic cooperation between the two Asian giants.
KEI Industries outperformed the market year-to-date with 63 percent gains. Anil Gupta, CMD of the company expects to clock export sales of Rs 250 crore in FY16 and retail sales of Rs 750-800 crore. He is also expecting 20-25 percent growth turnover this fiscal.
The company aims to repay its fixed term debt in the next two to two and half years. The current term debt is around Rs 200 crore, says Anil Gupta, CMD of KEI Industries.
Bank of America Merrill Lynch says that the electrical equipment manufacturer is likely to see better second quarter earnings, which will stop phase of earnings downgrade.
According to Anil Gupta, Havells India expects a good second quarter which is likely to continue in the third quarter due to good monsoons.
The revised target of 18 percent growth from 27 percent last year shall be achieved if India maintained its gross domestic product (GDP) growth of 6 percent, Anil Gupta of Havells India said.
Anil Gupta's Luxus Indiahas treaded a unconventional space by bringing European design and luxury to India at an affordable price
Things have improved in Europe, but the problems still exist. In an interview to CNBC-TV18 Anil Gupta, joint managing director of Havells India says Europe remains sluggish, but other markets are holding up. "Our market share has improved in Europe," he asserts.
Electrical goods maker Havells India will invest up to Rs 500 crore over the next three years on various activities as it looks to achieve over 50% growth in overall turnover to touch Rs 10,000 crore.
In an interview to CNBC-TV18, Anil Gupta, joint managing director of Havells India says, the company is expecting 15-20% revenue growth this year.
In an interview to CNBC-TV18, Anil Gupta, chairman and managing director of KEI Industries says, the current order book of the company is around Rs 700 crore.