"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.
Allerede abonnent ? Logg på
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
Bajaj Auto topples Ola
TO COUNTER THESE challenges, Ola Electric opened 3,200 new stores in a single day last week, bringing its total network to 4,000 showrooms and service centres nationwide.
Market share cap for UPI postponed by two years
THE TWO FIRMS processed a combined 13.1 billion transactions in November, the data showed.
Naxals trying to expand without success: MHA
FACING TOUGH ACTION from security forces, the Naxals are making efforts to expand to new areas along inter-state borders but without any notable success, the latest report from the home ministry has said.
Biren concludes 2024 with an apology: 'I want to say sorry'
● Says we have to start a new life, a peaceful Manipur
Spotlighting the customer, not the product
Why the Mercedes-Benz campaign rocks:
'AI and marketing make a powerful combination'
What are the barriers to large-scale AI adoption? The most prominent is infrastructure cost. An AI assistant, for example, can cost as much as a human one unless scaled effectively - for example, deploying multiple assistants to
Build relationships to cement success...
...and some more ideas to defend your market
Audit Needs To Be Proper
Global investors will look for transparent accounting, best practices are a must
Let the rupee find its own level
Seeking elusive stability in the exchange rate while the economy remains open to capital flows entails a relatively less independent monetary policy to boost growth
Central Bank Steps Up Liquidity Infusion
CHINA'S CENTRAL BANK injected 1.7 trillion yuan ($233 billion) of cash in December, dialing up liquidity support for the economy and financial markets at year-end.
