In response to rising demand, GOCL Corporation Limited, a Hinduja Group company, wants to increase its focus on the electronics vertical.
“We are aiming to increase our revenue from electronics vertical from ₹20 crore in FY22 to ₹100 crore in next two years,’‘ Pankaj Kumar, Chief Executive Officer, GOCL said.
The Kukatpally plant of Hyderabad-based GOCL, which obtains the majority of its revenue from explosives, is also in the process of adding new explosives production units.
“The major advantage in Hyderabad is availability of skills. To reach the target of ₹100 crore turnover in next two years, we will also be hiring about 200 to 300 professionals,’‘ Kumar said.