Flakt India turnover target Rs 200cr in 2007-08

Kolkata, Apr 27: With the target of growing 60 to 70 per cent per year, Flakt India, a wholly owned subsidiary of Luxemberg based Flakt Woods Group, will introduce new products in the Indian market.

''The company will target the turnover of Rs 200 crore in 2007-08 from Rs 120 crore in 2006-07,'' Flakt India Managing Director A R Baijal said while speaking to mediapersons on the sidelines of a seminar organised by the Bengal Chamber of Commerce and Industry.

''We will introduce in air-handling unit, a product which purifies the quality of air in industrial units, ventilation facilities and industrial fans for basement parking areas,'' he said.

He also mentioned that the company would upgrade its facilities in Chennai and Kolkata with an investment of Rs 20 crore.

UNI