Emami eyes turnover of Rs 5,000 cr in 5 yrs

Briefing reporters here, Agarwal said “In the current fiscal, we hope to record a turnover of Rs 1,000 crore and in the next five years, we’ll make the total revenue touch Rs 5,000 crore.”

Further, claiming that the company will be growing by 20 to 25 per cent every year, he said that the major thrust will be on the Ayurvedic division and that the firm may also look at launching a new product line in that section, developing separate brand and brand extension.

Besides, acquisition of a majority stake in Zandu Pharmaceutical in November 2008 has been a key factor that he felt, will help the company achieve the Rs 5,000 crore target.

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