In an interview to CNBC-TV18 Rajesh Aggarwal, chief managing director, Insecticides India hinted at an average 5% price hike.
In an interview with CNBC-TV18, Rajesh Agarwal, CMD of Insecticides India attributes its growth to the launch of new brands and collaborations with American and Japanese companies.
Sandeep Agarwal, chief financial officer of Insecticides India speaking to CNBC-TV18 about debt concerns said, the company is looking to raise around Rs60- Rs70 crore through private equity (PE) route.
Insecticides India is looking to enter the export market. In an interview to CNBC-TV18, Sandeep Agarwal, chief financial officer of Insecticides India said, within two-three months, the company will be exporting to South East Asian counties.
In an interview to CNBC-TV18, Sandeep Agarwal, CFO of Insecticides says the company is all set to extend itself with an infusion of Rs 60-70 crore, in next two years. "We are planning for expansion in all our existing plant and for the setup of a new plant at Bhiwadi, Rajasthan," says Agarwal.
In an exclusive interview with CNBC-TV18, Rajesh Agarwal, chairman and managing director of Insecticides India says that in the first quarter, the company has seen 10-15% increase in the market price.
Rajesh Agarwal, MD of Insecticides India in an interview with CNBC-TV18 said, "We are targeting an increase of about 40% in our topline this year. We see our sales going to Rs 700 crore in the year 2012."
In an interview with CNBC-TV18, Rajesh Agarwal, CMD, Insecticides (India) says, there can be an opportunity for a direct investment in our company.
In an exclusive interview with CNBC-TV18’s Ekta Batra and Reema Tendulkar, Agarwal says, “We are targeting that this brand should give us sales growth of about 10%. Monocil will become our fourth key brand and is going to give us a share of Rs 40 crore to Rs 50 crore.”
Rajesh Agarwal, chairman and managing director of Insecticides India, said," We should successfully able to close the deal by end this week. The company expects the new brand to contribute 10% of its topline, he added.