Exports is a major thrust area for the company, mainly in the aerospace sector and it expects exports to contribute 60-70% of revenues in the next five years.
Tata Advanced Materials, maker of composite components for defence, aerospace and industrial applications, is aiming to become one of the top 10 global players and record $1 billion revenue over the next 10 years from a meagre $20 million now.
“I see Tata Advanced Materials as a significant global player in composite solutions in defence and aerospace and in the global top 10 in the businesses we operate in,” as per the April issue of Tata Review, an in-house magazine.
“This would mean attaining revenues of a billion dollar, from the current level of just $20 million,” he said. Major portion of this could be appropriated for Offsets if properly worked out, adds this Blogspot.
http://www.livemint.com/2009/05/13182812/Tata-Advanced-Materials-aims.html?h=B
Brigadier (Retired) Sukhwindar Singh
http://www.svipja.com/
(A Global e-Solution for Offsets)
Credit: PTI & LiveMint.com
1 comment:
[quote]Exports is a major thrust area for the company, mainly in the aerospace sector and it expects exports to contribute 60-70% of revenues in the next five years.Tata Advanced Materials, maker of composite components for defence, aerospace and industrial applications, is aiming to become one of the top 10 global players and record $1 billion revenue over the next 10 years from a meagre $20 million now.“I see Tata Advanced Materials as a significant global player in composite solutions in defence and aerospace and in the global top 10 in the businesses we operate in,” as per the April issue of Tata Review, an in-house magazine.“This would mean attaining revenues of a billion dollar, from the current level of just $20 million,” he said. Major portion of this could be appropriated for Offsets if properly worked out, adds this Blogspot.http://www.livemint.com/2009/05/13182812/Tata-Advanced-Materials-aims.html?h=BBrigadier (Retired) Sukhwindar Singhhttp://www.svipja.com/(A Global e-Solution for Offsets)Credit: PTI & LiveMint.com[/quote] i agree
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