Will maintain margins at current level & see no risk to it: GNA Axles

With the government pushing for electrification of vehicle, a host of stocks are buzzing. In an interview to CNBC-TV18, Ranbir Singh, President & CEO of GNA Axles shared his views on the same and spoke about the latest happenings in the company.

Singh do not see government impact on commercial vehicles. However, government's EV push might impact smaller cars, he added.

Talking about capacity, he said Rs 20 crore have been used to debottleneck capacity constraints. Capacity addition will add 15 percent to existing capacity, he said.

Will maintain margins at current level and see no risk to the margins, said Singh.

He is hopeful that rupee movement will not impact margin this year.

Watch accompanying video for more details.