Rishabh Instruments On Expansion, Innovation & Manufacturing Opportunities - Business News - ET Now
What’s next for Rishabh Group? Where does the Group see its greatest growth opportunities, and what lies ahead for its key business segments?
Following the announcement of Rishabh Instruments' annual financial results, Group CEO Dinesh Musalekar joined ET Now to discuss the Company's performance and share his perspective on the Group's strategic priorities and growth outlook.
During the interview, he discusses the Group's financial performance, including revenue of approximately INR 8 billion (800 crore, approximately EUR 73 million), and the outlook for the Electrical & Electronic Instruments business, which accounts for around 70% of the Group's revenue. He also highlights the expected 20–22% CAGR for this segment over the next two to three years, supported by investments in manufacturing capacity, product innovation, and continued automation.
The interview also covers the High Pressure Die Casting (HPDC) business. Dinesh Musalekar explains how the Group has responded to the slowdown in the European automotive market, the measures implemented to impro ve profitability, and the opportunities created by new projects that are expected to support the segment's gradual return to sustainable growth.
In addition, the discussion explores investments in new manufacturing facilities, international expansion, and the opportunities emerging from the energy transition, industrial automation, and AI-driven data centres.
Watch the full ETNow interview to learn more about Rishabh Group's strategy, growth ambitions, and outlook for the years ahead.
Watch the full interview on YouTube:
