Friday, February 15, 2008

IVRCL - Update - Hindustan Dorr targets Rs 1000cr turnover

The IVRCL group-owned Hindustan Dorr Oliver Limited (HDO) has embarked upon an ambitious growth plan of increasing its turnover five-fold to over Rs 1,000 crore by 2011 from the level of Rs 208.5 crore in 2006-07.
Besides expanding the capacity of its process plant equipment manufacturing facility at Vatva in Ahmedabad at a cost of Rs 50 crore, the company is also looking towards setting up a second manufacturing facility in south India.


Link to the entire article: http://www.business-standard.com/common/news_article.php?leftnm=lmnu1&subLeft=1&autono=313922&tab=r

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