As reported in Business Line, Bajaj Electricals is aiming to increase its revenue from exports by more than 5% of overall revenue in the next 3-5 years. The company is aiming for 10-15% contribution to revenue from exports by 2030. To achieve this goal, the company has started manufacturing specially engineered products.
Currently, the company's revenue from exports is less than 2% of its overall revenue. We believe that China+1 strategy adopted by several countries will help boost the company's exports along with increasing demand for electrical goods and appliances.
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