Eastman Impex Plans ₹40 Cr Annual Investment, Targets ₹1,200 Cr Revenue by 2029
Eastman Impex aims to invest ₹40 crore annually for three years to boost aluminium fabrication and axle assembly. The company targets ₹1,200 crore in revenue by 2029, with a potential IPO in 2030.
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Eastman Impex has outlined a plan for an annual investment of approximately ₹40 crore over the next three years. This capital will enhance manufacturing capabilities in aluminium fabrication and axle assembly, responding to growing market demand.
The current turnover stands at ₹700 crore, with a revenue target of ₹1,200 crore by 2029. The company is also preparing for a potential IPO by 2030. Additionally, it is utilizing government schemes in Punjab to improve operational efficiencies. These strategic moves position Eastman Impex to play a significant role in India's automotive sector growth.
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