Hindustan Tin Works eyes Rs 315 cr turnover in FY'11

Hindustan Tin Works turnover is likely to rise by over 10 per cent year-on-year to around Rs 315 crore in the current fiscal on the back of an increase in exports.
The company had recorded Rs 285 crore turnover last fiscal, which includes Rs 44 crore exports. This year, exports are likely to go up to over Rs 60 crore and the turnover to Rs 310-315 crore. It is also on the look out for an appropriate place for putting up the second manufacturing plant near the port. The company may also opt for acquiring a firm within the country, but nothing has been finalized yet.