"Sterling & Wilson is largely present in the African market apart from Middle East, South East Asia and Latin America. The company now expects to further expand its footprint and construct nearly 250 MW capacity solar power projects in Nigeria in next 2-3 years," company's president, solar business, Bikesh Ogra said.
The African lead acid battery market has huge potential with an estimated growth of 5.3 percent CAGR between 2015 and 2021 due to growing demand attributed to increased use of lead acid batteries for UPS and inverter systems, company's Managing Director Biju Bruno said.
Speaking to CNBC-TV18’s Udayan Mukherjee and Mitali Mukherjee, Aditya Khaitan, MD of McLeod Russel said he expects tea prices to firm up ahead. "India is running on inventory levels right now," he informs.