JP Chowdhary CEO, CIMMCO believes with easing of the policy and changing the terminology from ‘state-of-art‘ to ‘modern technologies‘, is likely to pave way for the already interested investors to come in.
Cimmco, which is now a subsidiary of the Titagarh group with the latter holding a 75 percent stake in the company, has been bidding aggressively for defence orders.
Umesh Choudhary, MD of Titagarh Wagons, in an interview with CNBC-TV18's Latha Venkatesh and Gautam Broker, gave his perspective of the fourth quarter performance and their divulged future plans.
Umesh Choudhary, Managing Director of Titagarh Wagns, in an exclusive interview with CNBC-TV18 says that going by the overall demand for wagons in the sector, he expects robust growth for the topline and bottomline in FY12.