The funding for the Rajasthan plant will mainly be through internal accruals and if there is shortfall only then will Rico Auto approach banks, said CMD Arvind Kapur.
In an interview with CNBC-TV18, Arvind Kapur, chairman and MD, Rico Auto, talked about the business and the outlook going forward.
The company expects exports to contribute around 23-24 percent to revenue this year from 20 percent in the previous year.
In an interview to CNBC-TV18, Arvind Kapur of Rico Auto spoke about the latest happenings in his company and the road ahead.
Arvind Kapur, managing director, Rico Auto Industries talks to CNBC-TV18 about the latest happenings in his company and the auto ancillary sector.