Involved in the design and manufacturing of Material Handling Equipment and Industrial Gears and also providing construction and commissioning solutions
In 2010, It also ventured into the manufacturing of custom made Gearboxes for Steel Mills, High-Speed Turbines, Satellites for ISRO and also for the Naval Aircraft carriers through the acquisition of Benzlers- Radicon Group belonging to the David Brown Gear Systems
POwer Transmission business contributes 79% and Material handling around 21 %
India account for 72% and Outside is 28%
Healthy inflow of orders, Order Sugar business, Export orders, Brexit clarity
US: Huge pumping of money by Govt, resulting in healthy order
Export sales will improve further. After sales business also improving. Multi quarter growth
Revival of capex in India and Americas is important.
