HomeNewsBusinessCompaniesHercules Hoists targets topline of Rs 140cr in FY12

Hercules Hoists targets topline of Rs 140cr in FY12

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.

September 06, 2011 / 16:22 IST
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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 aren
first published: Sep 6, 2011 03:10 pm

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