Pidilite targets revenue of Rs 2,000 cr

HYDERABAD: Pidilite Industries, makers of adhesive under Fevicol brand, is targeting a turnover of Rs 2,000 crore for FY 2009.

"The company is targeting a turnover of Rs 2,000 crore for FY 2009," Pidilite Industries Head Marketing Vishal Vijay Malhan said on Saturday.

Of its total monthly output of 5,000 tons, around 60 per cent comprise Fevicol and Pidilite. The company is planning to introduce more products and increase the adhesive strength of its flagship brand.

He said company was introducing particular grade water resistance products which would also save time for the consuming industry.

The Institute of Indian Interior Designers is organising a seminar on "Pidilite Knowledge Series" today in which leading architects and interior designers are participating, Malhan said.

President of IIID Nitin Killawala said, "I am pleased to be a part of Pidilite Knowledge Series which is an excellent platform to impart knowledge on the growing industry of architecture and interior designing."