Pradeep Bakshi, executive vice president and COO, UPBG, Voltas told CNBC-TV18 that though the industry is going through a phase of slowdown, the company is gaining momentum.
Industry expert MM Miyajiwala feels that the competition, in the capital good segment, has certainly intensified. "Dips in margins are likely to be seen across the capital goods sector," he warned.
MM Miyajiwala, Executive VP & CFO, Voltas spoke about the quarterly performance of the company and the road ahead. The company's current order book stands at Rs 4,900 crore.
In an interview with CNBC-TV18, MM Miyajiwala, Executive VP and CFO, Voltas says, there has been some pressure on the sale of ACs, not only for Voltas, but for all the players in the industry, he adds.
In an interview with CNBC-TV18, MM Miyajiwala, executive vice president and CFO of Voltas, spoke about his reading of the IIP numbers and his outlook.
In an interview with CNBC-TV18, M Miyajiwala, executive vice president and CFO, Voltas says, he is very bullish about the growth in AC market.
MM Miyajiwala, Executive VP & CFO of the company, in an interview with CNBC-TV18’s Latha Venkatesh and Gautam Broker, spoke about business in the Middle East and his expectations from the finance minister in the budget.
Speaking to CNBC-TV18's Udayan Mukherjee and Mitali Mukherjee, MM Miyajiwala, executive vice president and CFO at Voltas said lower margins in international markets is not a cause for concern for the company.
