Balmer Lawrie – a great opportunity to invest in a Navratna

Balmer Lawries has set a 5 year target here for achieving 100cr by 2027 in the cold chain unit business.
Balmer Lawrie has also set a 2-3 year sales target of 3500cr followed by 10,000cr target by 2030 for the company.

apart from these a spate of announcements have been made.

1. Setting up a cold chain unit in Rayanapadu
2. setting up a subsidiary in Dubai for Logistics.
3. Acquired license for Vishakhapatnam Port Logistics which was a drag on results.

Problem is that Balmer Lawrie has to go to the government (DIPAM) for approval everytime as mentioned in this article.