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Make in India:Is it happening?
Make in India has been a major programme of our Prime Minister and rightfully so as we have truly lagged behind in the manufacturing sector. There have been many conferences, programme and discussions on the same ´ the press is always full of mention of Make in India. We ourselves are a manufacturer who sell domestically and also export across the globe.
Welspun revenue up 4%
Welspun India has achieved a revenue at Rs 14,723 million against Rs 14,135 million, a 4 per cent growth YoY. Growth rate was muted on account of base effect and capacity constraints. During Q3FY16, incremental volume from modernisation project at Vapi will be available.
Oerlikon delivers solid profitability
In the second quarter of 2015, Oerlikon Group´s order intake increased by 1% to CHF 731 million compared to CHF 724 million in Q2 2014. ¨We delivered solid profitability for the second quarter despite an increasingly challenging market environment.
Oerlikon sustains strong profitability
In the first quarter of 2015, Oerlikon continued to deliver a solid performance in a challenging market environment. Order intake went up by 17.0 per cent to CHF 793 million and sales increased by 10.1 per cent to CHF 782 million. For the 13th consecutive quarter, the EBITDA margin exceeded 15 per cent, coming in at 16.8 per cent.
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