"We will incur a capex of ₹1.25 lakh crore between 2026 and 2030," said Praveer Sinha, MD and CEO at the company's cell and module plant in Tirunelveli in Tamil Nadu.
The company will incur a capex of ₹25,000 crore every year, he said. The company spent ₹12,000 crore in FY24 and ₹21,000 crore in FY25.
"We have improved our performance and closed last year with nearly ₹62,000 crore in revenues. We had an average revenue of ₹60,000 crore in the last decade," said Sinha.
Denne historien er fra December 07, 2024-utgaven av Financial Express Delhi.
Start din 7-dagers gratis prøveperiode på Magzter GOLD for å få tilgang til tusenvis av utvalgte premiumhistorier og 9000+ magasiner og aviser.
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Denne historien er fra December 07, 2024-utgaven av Financial Express Delhi.
Start din 7-dagers gratis prøveperiode på Magzter GOLD for å få tilgang til tusenvis av utvalgte premiumhistorier og 9000+ magasiner og aviser.
Allerede abonnent? Logg på
Walmart Asks China Suppliers For Price Cuts
WALMART HAS ASKED some Chinese suppliers for major price reductions, with the US retail giant's efforts to shift the burden of President Donald Trump's tariffs facing strong pushback from firms in the Asian nation, according to people familiar with the matter.
ECB cuts rates, keeps door ajar for more easing
The European Central Bank lowered interest rates for the sixth time since June and indicated that its cutting phase may be drawing to a close as inflation cools and the economy digests seismic shifts in geopolitics.
Insolvency board mulls more regulatory changes
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Yield softens to one-month low on liquidity push
Boosting Sentiment
Boeing CEO Kelly Wants 'Brutal' Honesty From Workers
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US Trade Deficit Surges to Record in Jan
US weekly jobless claims drop
We do not need to raise CNG prices
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Rajneet Kohli resigns as Britannia CEO
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Birla Opus steps on the gas with discounts, offers
BIRLA OPUS, THE paints venture of the Aditya Birla group, is offering nearly double the amount of price-offs or discounts on products, at 6-7%, compared to rivals such as Asian Paints and Berger, whose price discounts are at about 3-4% on its products, trade and industry sources have told FE.
