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  • Chennai unit to add Rs 60-70 cr/yr at full capacity by Q4: Rico

    With fairly good performance likely in both the domestic and export markets, Rico Auto should be able to grow revenue by 15-20 percent this financial year, says Chairman, CEO & MD Arvind Kapur.

  • Rajasthan plant to be operational by Q2-Q3 FY18: Rico Auto

    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.

  • Excise dept sends notices to Rico Auto & Shriram Pistons

    CNBC-TV18 learns that leading suppliers like Rico Auto and Shriram Pistons have been slapped with an 18 percent penal rate of interest over retrospective price increase in their contracts.

  • Aim to grow by 15-20% in FY16: Rico Auto

    In an interview with CNBC-TV18, Arvind Kapur, chairman and MD, Rico Auto, talked about the business and the outlook going forward.

  • Rico Auto up 10% on hopes of revival in auto component biz

    The company expects over 10 percent growth in FY15. According to CMD Arvind Kapur, the auto industry will have a double digit growth this year though the car segment may grow only on the higher side of single digit.

  • Hope to become debt-free, grow 10% by FY15-end: Rico Auto

    The company expects exports to contribute around 23-24 percent to revenue this year from 20 percent in the previous year.

  • Manesar woes: Vendors, dealers on the edge

    Though chairman RC Bhargava today said that Maruti could look at resuming partial production within this month it could still be a huge challenge to clear the backlog of orders.

  • Auto part industry growth to slow down at 12-15% in FY12

    Indian auto component industry is expecting a slowdown in growth to 12-15% in 2011-12 from over 34% in the previous fiscal, Automotive Component Manufacturers Association of India said today.

  • No major loss after Maruti's 13 day strike, says Rico Auto

    Arvind Kapur, managing director, Rico Auto Industries talks to CNBC-TV18 about the latest happenings in his company and the auto ancillary sector.

  • Rico Auto expects to cross Rs 1000cr sales mark this year

    Arvind Kapur, managing director of Rico Auto said the company is on course to cross the Rs 1000 crore-mark this year. "We are targeting a bottom-line of about 4-5% in coming quarters," he informed.

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