Exports may perk up as forex rates stabilise: Sharda Cropchem

Stabilising exchange rates over the last six months shows a pickup in exports is around the corner, feels RV Bubna, Chairman and Managing Director, Sharda Cropchem.

Bubna expects the company to grow 15-20 percent in volume terms in FY17. Value growth, however, will depend on how the Indian currency pans out for the rest of the year, he says.

He sees the company’s business in the European markets improving in FY17, while in the Latin American markets there is likely to be a dip in the growth rate.Watch video for more...