Shekhar Bajaj, chairman, Hercules Hoists in an interview to CNBC-TV18 said that their new factory at Khopoli has the capacity to fetch a turnover of Rs 300 crore.
Bajaj expects the new factory to scale up turnover and targets a topline of Rs 140 crore in FY12. Below is the edited transcript of Bajaj's interview with of CNBC-TV18. Also watch the accompanying video. Q: Could you give us an update on the new factory that you commissioned last year? We understand that on account of some slowdown in demand you arenDiscover the latest Business News, Sensex, and Nifty updates. Obtain Personal Finance insights, tax queries, and expert opinions on Moneycontrol or download the Moneycontrol App to stay updated!