Simplex targets turnover of Rs 5,000 crore within next 4-5 years

Mumbai, July 31 (UNI) Simplex Infrastructures Ltd, one of country's largest infrastructure solution providers plans to achieve a turnover of Rs 5,000 crore within next 4-5 years, said its CMD, BD Mundhra, through a release.

Apart from it, the company aims to grow its order book in terms of quantity and quality both, he added. Currently the company's order book stands at Rs 4,590 crore. Simplex is also eyeing real estate sector since strong infrastructure are emerging in this space.

We are bullish about overseas markets and are targeting 40 per cent of the turnover from project exports, he added. Also, the company is planning to bid for BOT/Annuity projects in raods and highways, power transmission, ports, hydro, railways and water supply. Moreover, the company is also targeting turnkey, EPC, O&M projects in metal, cement, oil and gas pipelines.

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