Future Directions
Him Teknoforge has achieved its targets in the past and has a plan to grow at a CAGR of 15% in the next five years.
Our targets for the future are as follows
- Upgradation of technology by installing 2500 Ton and 4000 Ton CNC Screw Presses at our forging facilities, installing new CNC Hobbing Machines and foraying into Gear Grinding.
- Further enhance our current product range of assemblies and sub-assemblies for various Agri-implements.
- Developing auto-components for Electric Vehicles.
- Upgrading our IT infrastructure further.
- Expand our export footprint further by developing new products for the international market and gaining entry into new markets.
- Inorganic growth has been at the heart of our organization, and HTL plans to further increase its top line and bottom line through JV's and Merger & Acquisitions in the next five years.
HTL wants to increase its export revenue and its international footprint by expanding the product range & entry into new markets.