Consumer durable biz to grow 15% per year: Bajaj Electric

The company is also expecting a 24 percent growth in engineering, procurement and construction (EPC) segment and nearly 15 percent in lightning business.

Bajaj Electricals expect around Rs 800 crore worth more orders in the rest of the year, says Joint MD Anant Bajaj. The company saw around Rs 2,000 crore orders being transferred from the previous fiscal year. The recent orders received by the company in transmission business will be completed in the next 24 months, he adds. Bajaj Electricals’ current order book stands at around Rs 2,300 crore. The company is expecting a 24 percent growth in engineering, procurement and construction (EPC) segment and nearly 15 percent in lightning business. It is also expecting its consumer durables business to grow 15 percent per year

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