Minda said in the investor presentation that it will aim for 3.5x growth in revenue at over Rs 17,500 crore by FY30 with an EBITDA margin of over 12.5 percent. The company has lined up a planned capex of of approximately Rs 2,000 crore over the next five years.
The company aims to reach an enhanced capacity by October 2025.
Those franchisees who opt to be on-boarded by Kotak will use Kotak's software and terminal along with branding, and also their customers will become Kotak's customers.
Kalyan Jewellers has earmarked Rs 900 crore for its expansion plan during the current financial year, which includes setting up of two new showrooms in city, the company said today.
As a part of its aggressive revival plan, top management of Tata Motors met at Pune to unveil eight new cars which will be released in the market in three to four months.
Shasun Pharmaceuticals has big capacity expansion plans for 2013-14. Speaking to CNBC-TV18, managing director Abhaya Kumar says the company is planning an investment of more than Rs 250 crore towards achieving this aim.
German clinical laboratory Medizinisch Diagnostiche Institute (MDI) said it plans to invest Rs 150 crore and hopes to achieve a turnover of Rs 350 crore in 2015 in its Indian subsidiary MDI Laboratories."We have drawn up a Rs 150 crore expansion plan over the next three years period," MDI Laboratories India director Devendu Mehta said.
Speaking to CNBC-TV18, president of Indigo, Aditya Ghosh, says that the company is bullish on the sector and is going ahead with investments and capacity addition planned for the year.
Amrut S Gada, chairman and managing director of Sezal Architectural Glass joins CNBC-TV18 to talk about the way forward for his company. Sezal glass is planning to go pan-India soon.
In an exclusive interview to CNBC-TV18, Shashi Kiran Shetty, chairman and managing director of Allcargo Global Logistics says that the company is now gearing for expansion plan of the contain freight station.
Shankar Lal Somani, Chairman of the Surat-based firm said this expansion will complete by March 2012. "Post achieving this target, we further plan to roll out Rs 700 crore in the next expansion programme near Dahej port in Gujarat."
Jayaswal Neco recently announced a big ticket expansion plan of Rs 3,300 crore. In an exclusive interview with CNBC –TV18’s Soniya Shenoy and Reema Tendulkar, Basant Lall Shaw, Chairman of Jayaswal Neco explained the breakup and expectations from the expansion.