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New Delhi, March 13 ()
Kent RO Systems, a water purifier maker, has expanded into vertical industries such as kitchen appliances and air purifiers, and this fiscal and revenue is expected to grow by about Rs 850 Crore, a senior company official said.
In addition, the company plans to double its exports over the next two years, adding more geographic markets, which in turn will account for about its total revenue.
"Compared to last year, our goal this year is to grow by 10 per cent," said mah sh Gupta, chairman of Kent rosystems, on the sidelines of a meeting here.
He also added: "Kent Luo will cross Rs 850 this year.
"Kent Rowe expects the water purifier sector, which is its pillar, to contribute about 90.
The company is currently producing its series of water purifiers at its factory in Uttaranchal Roorke, which has production capacity of about 6 lakh units per year. The Noida-
The new plant, based in Noida, will also invest Rs 200, which will be put into operation in June.
"This will double our capacity," Gupta added . ".
In addition to entering the competitive, price-sensitive field of kitchen appliances, Kent Luo will also focus on providing differentiated products with new features.
"We are trying to distinguish between products such as bread makers, noodle manufacturers and other participants in the market," Gupta said . ".
At present, the company is exporting to neighboring markets such as Nepal, Bangladesh and Sri Lanka.
"We want to get into more and more areas.
"At the moment, the proportion of exports to total income is expected to double to 10 in two years," he added . ".
Currently has a pan-Indian distribution network in 600 regions.
Kent RO Systems today announced to work with the Punjab T20 team to become a champion sponsor.
Kent has specified a budget of Rs 50 for this IPL.