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KEC International to foray overseas in solar segment for better margins

The company's total order book stands at Rs 12,500 crore, of this, solar projects contribute 5%

KEC International to foray overseas for solar projects
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Amritha Pillay Mumbai
Even as India’s solar prospects look bright, engineering company KEC International looks to foray into overseas markets in the solar segment for better margins, a top company official said. In addition to solar, the company will also look at railway opportunities in foreign markets.

The company also looks to grow its order book by 10% and revenue up to 20% in the current financial year.

“For solar, our entire order book right now is India and now the focus is with our presence in 33 countries on how do I take my solar business overseas,” said Vimal Kejriwal, managing director