With the facilities in West Bengal and Bihar getting commissioned there will be increase in capacity utilisation, said Shekhar Swarup, ED, Globus Spirits.
Globus Spirits has commenced production at its Bihar unit in Decmeber. The unit has a capacity of 80,000-1,00,000 liters per day and will get Rs 80-100 crore revenue, Shekhar Swarup, ED of the company said.
The company is in process of commissioning new facilities and commercial production is expected to start in a month, said Shekhar Swarup, ED of the company.
Plan to commission two greenfield facilities in Eastern India, Shekhar Swarup, ED of Globus Spirits.
In an interview with CNBC-TV18, Shekhar Swarup, ED of Globus Spirits said that the company has acquired a market share of 30 percent in Rajasthan and gave credit to value added products for the growth this quarter.
Shekhar Swarup, ED, Globus Spirits, discusses the company's fourth quarter earnings and its future outlook.
Shekhar Swarup, ED, Globus Spirits says, in an interview to CNBC-TV18, that the funds raised will be used to set up a hub in eastern India.