Country's largest flexible packaging company Uflex is aiming to double its revenues to USD 2 billion in the next four years and would set up a new plant in the western region.
"In the next three to four years, we are expecting that our revenue would be doubled. It would jump from USD 1 billion to USD 2 billion. That is the target in our mind. It could be in next three or four years, but would be definitely within four years," Uflex Group President R K Jain tells PTI. According to Jain, FY'2014-15 would be a 'game changer' for Uflex. "Moreover, a year after that may be extra ordinary for us," he says. "On a whole, our top line (revenue) is growing by 20 percent every year, we expect our bottom line (net profit) to grow between 30 to 35 percent," he adds.
Read more of this article at MoneyControl.com.