News Brief | November 2016
Bajaj Electricals eyes Rs.5,000 crore turnover this fiscal
Boosted by robust growth, Bajaj Electricals is looking at a turnover of around Rs.5,000 crore this fiscal - with equal contribution from their durables and engineering and projects (EPC) divisions. Speaking on this, Shekhar Bajaj, CMD, Bajaj Electricals said, ´We are expecting both the businesses to contribute `2,500 crore each. We are looking at Rs.4,800 crore to Rs.5,000 crore.´ The company is restructuring its consumer products business by adopting the distribution system. Additionally, their small appliances and lighting source business has been merged to the consumer products portfolio, which would handle b2c business.
Contact: Bajaj Electricals