"We are targeting to double revenue in the next four years for which we are focusing on the three areas of tonnage, cylinder and health-care businesses," Managing Director of Linde India Moloy Banerjee said.
Also read: Expect Natural gas prices to trade negative: Sushil Finance
Globally, the Munich-based Linde Group is focusing on health-care, emerging economies and clean energy, Banerjee told reporters here today.
He said although there is a slowdown in the economy at the moment, Linde India would not halt its investments.
"The company is going to continue its investments in the country as we believe the turnaround will come in the near future," Banerjee said.
After acquiring UK-based BOC Group in 2006, Linde has committed investments in India worth Rs 2,500 crore till date. In 2012, the company's revenue stood at Rs 1,300 crore. He said in the tonnage business (setting up of air separation units for steel plants and refineries), Linde had been a market leader.
The company was creating a gas pipeline grid for the steel cluster coming up at Kalinganagar in Odisha. In March 2013, the company had re-branded itself from BOC India to Linde India, he said.
South Asia head of Linde Group Srikumar Menon said the company had brought down promoter's holding to 75 percent as per SEBI rules in June this year by selling shares in the open market after an unsuccessful attempt to delist shares.
Public shareholding in the company was at 11 percent, Menon said.
Anda sedang membaca artikel tentang
Linde India targets doubling revenue in next four years
Dengan url
http://gayafashionshow.blogspot.com/2013/08/linde-india-targets-doubling-revenue-in.html
Anda boleh menyebar luaskannya atau mengcopy paste-nya
Linde India targets doubling revenue in next four years
namun jangan lupa untuk meletakkan link
Linde India targets doubling revenue in next four years
sebagai sumbernya
0 komentar:
Posting Komentar