Pricol aims to enter new markets, eyes double revenues by 2020 - Feedback

Auto component firm Pricol, which today unveiled its new brand identity, aims to double its revenue globally by 2020 as it plans to enter new markets through acquisitions and tapping new product segments.

“India’s largest producer of speed governors and cabin tilt mechanisms for the commercial vehicle segment and among the top ten global manufacturers of automotive sensors, Pricol has set a target of doubling its consolidated revenue globally by 2020,” the company said in a regulatory filing.

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