Expect healthy growth goind forward: Omax Auto

CNBC-TV18 learn from sources that railways is sourcing 80,000 bio-toilets from 9 firms and amongst those 9 firms is Omax Auto.

In an interview with CNBC-TV18, Devashish Mehta, Head SBU (PC&CV) and New Projects at Omax Auto spoke about the latest happenings in his company and sector.

Omax Auto manufactures auto and non-auto components. 33,000 bio-toilets have been installed as of November-end and cost of toilets is about Rs 1 lakh each and the total order size is Rs 800 crore.

Omax is in the process of executing an order worth Rs 250 crore that we won, he said.

This order will make Omax Auto the largest supplier for , for the railway board, he added.

Railways currently account for 15 percent of our overall sales turnover, said Mehta.

With goods and services tax (GST) coming in, the requirement for trucks has increased. From both the commercial vehicle segment as well as the railway segment, we should expect healthy growth going forward, he further mentioned.

For full interview, watch accompanying video...