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Last Updated : Jul 11, 2011 05:32 PM IST | Source: CNBC-TV18

Ramky Group aims to clock 23-25% revenue growth in FY12

In an interview with CNBC-TV18, Goutham Reddy, executive director of Ramky Group, spoke about company's performance and the road ahead.


In an interview with CNBC-TV18, Goutham Reddy, executive director of Ramky Group, spoke about company's performance and the road ahead.


Below is the verbatim transcript of his interview with Gautam Broker and Latha Venkatesh of CNBC-TV18. Also watch the accompanying video.


Q: Could you tell us about this USD 100 million Joint Venture you have with ITC?


A: See this is in a different company this is a another promoter company called Ramky Enviro Engineers Ltd, which is not a part of Ramky Infrastructure Ltd. This is a paper recycling and integrated domestic and industrial hazardous material recycling complex where we are planning to recover paper, plastic, metal, oil, lead and other non-ferrous metals on a recovery basis as an integrated waste and recycling complex.


ITC is going to be a partner with us to help us propagate the message of awareness of collecting recyclables and recovering the materials from this and taking the paper and helping us in technology and marketing the recycle products.


Q: So what does the listed company get in terms of revenue proceeds from this project?

A: As I said this doesn

First Published on Jul 11, 2011 04:07 pm