Symphony is targeting to garner around 50% of its revenue from exports over the next five years as it looks at entering new overseas market.
Of the consolidated revenue, about 70 per cent comes from domestic sales now and rest 30 per cent from international business. The company exports to 60 countries, including Mexico, Iraq, Indonesia, Sri Lanka, Egypt and it will continue exploring and expanding in new geographies.
The Ahmedabad-based firm produces air-coolers for residential, industrial and commercials segment, with as much as two-thirds of the volumes coming from the residential business.
