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Borosil, a business group 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 overall revenue will grow due to double-digit growth across all business segments of the company. The Borosil Group, promoted by the Kheruka family, expects to reach a revenue of around Rs 3,500 crore in FY 2024-25.
The group operates 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 enhancement to meet the demand.
Borosil has already invested Rs 450 crore to increase production capacity at its Jaipur unit. Kheruka said Borosil has made a few acquisitions in the past and is open to such opportunities in the future.
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