Borosil, a conglomerate that manufactures glass products, laboratory equipment and solar glass, expects to double its revenue to Rs 7,000 crore in the next four years.
Borosil Executive Vice Chairman Shrivar Kheruka said the company's total revenue will increase due to double digit growth in all its business segments.
Kheruka family-promoted Borosil Group is expected to reach revenues of around Rs 3,500 crore in fiscal 2024-25.
The group trades under three listed entities – Borosil Limited, Borosil Renewables Limited and Borosil Technologies Limited.
Kheruka said the group plans to invest Rs 250 crore for expansion and capacity addition to meet the demand.
Borosil has already invested Rs 450 crore to expand production capacity at its Jaipur unit.
Kheruka said Borosil had made some acquisitions in the past and was open to such opportunities in the future.
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