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Interview | Carborundum is open to acquisitions for core business growth: MD Ananthaseshan

The production-linked incentive (PLI) scheme must encourage investment in the entire value chain of a product, says the CUMI boss

September 08, 2021 / 12:28 PM IST
Interview | Carborundum is open to acquisitions for core business growth: MD Ananthaseshan

The pandemic did disrupt operations of Carborundum Universal Ltd (CUMI), but the company is now on the recovery track, and its revenue and profit for the June quarter have touched the pre-Covid level, according to N. Ananthaseshan, managing director of CUMI. The company has lined up around Rs 250 crore capex for the current year and is open to acquisitions in its core business for growth. An MTech from Kharagpur IIT, Ananthaseshan is confident that CUMI, which has end-to-end...

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