VISA vice-chairman and MD Vishal Agarwal, in an interview to CNBC-TV18, says that the company plans to consoldidate and streamline its busniess arms to unlock more value for the share holder. The company is also looking out for investors to increase its special steel capacity.
Visa Steel has received only 400 acres of land from the government out of 1,200 acres it had applied for. But talking to CNBC-TV18, Vishambhar Saran, chairman, says this has not affected the company‘s plans as it has the capacity to expand within the existing land and double existing production capacity for all products.