olar Industries’ strategy to diversify into other markets and segments is gradually yielding results. The company is confident of achieving higher growth in FY19 as some of its new initiatives like defence, exports and overseas business are set to make a higher contribution.
That apart, the domestic market’s revival, led by mining and infrastructure, particularly road construction, is also expected to help. For FY19, the company’s management has guided a 25 percent growth in sales, which is more than the 21 percent growth seen in FY18. Read More
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