Prashant Amin, Group Director, Elecon Engineering expects the Benzlers-Radicon acquisition to add Rs 120-150 crore to the topline. The company also intends to expand in the international market with this acquisition because these facilities have in US, Sweden and UK.
In an interview with CNBC-TV18, Prashant Amin, Director, Elecon Engineering says, the company’s totalo order book is around Rs 1,700 crore. “At present, we have order book of more than Rs 1,000 crore in the material handling division,” he adds. He expects around 25% growth in turnover in FY12.