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H&R Johnson eyes Rs 2,000 cr turnover in FY13

BS Reporter  |  Mumbai/ Ahmedabad 

H&R Johnson (India), a division of Ltd, eyes Rs 2000 crore turnover for the current financial year, its president SBU (single business unit) Head, said on Thursday.

"With a turnover of Rs 1729 crore in 2011-12, the company is expecting 15 per cent increase, that is turnover of Rs 2000 crore, this fiscal," he said. The company is also exploring to increase its manufacturing facilities.

"We are exploring land in eastern part of the country. A deal is in progress," Chandrashekar said. H&R Johnson (India) has manufacturing plants located at Dewas, Pen, Kunigal and Karaikal, employing the best of technologies from world leaders in tile manufacturing machinery. Across India it has nine tile manufacturing units with cumulative capacity of 51 million square meters per annum, which employees 2000 people.

In Gujarat H&R Johnson (India) has three joint ventures for tiles and marble and quartz business. The JV for marble and quartz business is know as Antique where H&R Johnson holds 50% stake with an investment of Rs 50 crore. The unit in Rajkot has capacity of 9.6 million square feet annually. Here the company manufactures engineered marble. The company had forayed into engineered marble business in February 2012.

First Published: Fri, February 01 2013. 00:09 IST