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Surya Roshni to invest Rs 550 cr for capacity expansion

29 Oct 2009 Evaluate

Makers of electrical bulbs tube lights and steel pipes Surya Roshni and some of its subsidiaries would invest about Rs 550 crore by March 2010 towards capacity expansion of its different plants in the country including Gujarat and Madhya Pradesh.

 

The company is aiming to increase its annual turnover of Rs 1,750 crore to Rs 5,000 crore in the next two to three years. The company's export figure was at Rs 300 crore last year and the aim is to increase it to Rs 400 crore this year. With a 60 per cent growth rate, the company is forging ahead of the industry growth rate of 10 per cent.crackcrack
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