The Market | Diversifying revenue streams | Mahesh Chhabria, Kirloskar Industries

Speaking to ET NOW, Mahesh Chhabria, Managing Director, Kirloskar Industries says Arka Fincap is now a 100% subsidiary of Kirloskar Oil Engines and the company is looking to invest close to Rs. 1000 cr in Arka Fincap. The co is scaling up lending business in wholesale and real estate space and Covid-19 has induced certain amount of caution in aggressively building up loan book. He shares that the company possesses large land banks which are being used judiciously. Power Generation capex and capacity utilisation trends are quite optimistic, meanwhile government plan to supply water to all households by 2027 gives tremendous opportunity, he adds. Watch the full interview here.

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