Poised for Growth

Poised for Growth Hansavivek GUEST KEEN WILLIAMS is seeking industrial licences for a number of products and is in the process of acquiring a new site in a backward area of Maharashtra. The company has not specified the products it intends to take up for manufacture, but the directors' report indicates that the automotive,power generation and distribution and agricultural sectors, already being serviced by the company, are poised for significant growth and provide further scope for growth. For the last few years, the company has been implementing various expansion, diversification and modernisation schemes involving a capital outlay of around Rs 12 crore. These schemes are being financed partly from internal resources and partly by loans from various financial institutions aggregating Rs 450 lakh