Shobhan Mittal stated that there are lots of challenges in the plywood business but things have definitely turned out to be positive for them. Though pricing has indeed been a challenge for different markets but according to him, their combination of better product mix and capacity utilizations certainly has led to further growth. He stated that the present focus of his company remains on reducing working capital investments which in turn will affect sales volumes as well. Also, he was of the opinion that the year 2016 has remained quite flattish in terms of pricing and there has been a dip of around Rs. 2/square meter.
No comments:
Post a Comment