Chinese banks have started offering loans on projects at lower rates to finance more than USD 50 billion worth of power equipment for Indian companies. For Indian power firms, this is a big leg-up since local banks are reluctant to lend to these companies.
MS Unnikrishnan, managing director of Thermax, in an interview with CNBC-TV18's Gautam Mukherjee and Latha Venkatesh, gave his view on the IIP output numbers and his divulged future plans for the company.
MS Unnikrishnan, MD, Thermax citing his views on the IIP said, that there is a visible retardation in the finalisation of orders though the executions of orders are continuing.
MS Unnikrishnan, MD of Thermax Ltd, in an interview with CNBC-TV18’s Anuj Singhal and Latha Venkatesh, spoke about the recent happenings in his company and the road ahead.
MS Unnikrishnan, MD, Thermax says, the company will try to retain its margins within double digits.