Financial Daily from THE HINDU group of publications
Monday, Feb 13, 2006


News
Features
Stocks
Shipping
Archives
Google

Group Sites

Corporate - Outlook


GE-Plastics aims to double revenues by `2008

Our Bureau

New Delhi , Feb. 12

GE-PLASTICS is targeting to double its revenues in India from Rs 500 crore now to Rs 1,000 crore by 2008, a company release said.

In the wake of the booming economy, the company said it planned to invest in new materials, technologies, application development and infrastructure in the country.

"India is a rising star and a priority country for GE-Plastics and we see tremendous opportunities, especially in its booming automotive, building and construction and telecom sectors," the GE-Plastics Pacific President, Mr Alan Leung, said.

Mr K. Venugopal, President and CEO of GE-Plastics, India, said: "We are very bullish on India and the tremendous opportunities it offers us as a material solutions supplier. From 2004 to 2005, GE-Plastics doubled its revenues in India and we are projecting that we will do it again by 2008."

GE-Plastics is a provider of engineering thermoplastics materials solutions. It is also a global supplier of plastic resins used in automotive, health care, consumer electronics and optical media applications, among others.

More Stories on : Outlook | Plastics

Article E-Mail :: Comment :: Syndication :: Printer Friendly Page



Stories in this Section
Leadership award


Making a difference through HR
Leadership lessons through folklores
Ashok Leyland begins skill hunting in the US
Bajaj Auto hoping for more sops from Maharashtra
BCCL to increase coking coal output — Investment plan firmed up
L&T `homes in' on building electricals
GE-Plastics aims to double revenues by `2008
Gas sales from ONGC Cauvery assets to go up
Parsvnath Developers likely to float IPO
Pernod Ricard chief on India visit



The Hindu Group: Home | About Us | Copyright | Archives | Contacts | Subscription
Group Sites: The Hindu | Business Line | Sportstar | Frontline | The Hindu eBooks | The Hindu Images | Home |

Copyright 2006, The Hindu Business Line. Republication or redissemination of the contents of this screen are expressly prohibited without the written consent of The Hindu Business Line