Date:16/04/2005 URL: http://www.thehindu.com/2005/04/16/stories/2005041603611904.htm

Business - Briefly

Godrej & Boyce's SED to double exports

MUMBAI: Aiming to double its share in exports to ten per cent by 2008, Godrej & Boyce's security equipment division has entered into a marketing and distribution tie-up with the Canada-based Masonite to launch Godrej Entranza, a range of ready to fit doors. "Our exports (about Rs. 7 crores) in the previous fiscal stood at five per cent of the total turnover in the physical security products division. We would like to double that to 10 per cent within the next two to three years,'' said D. E. Byramjee, Godrej SED Vice President and Business Head. "We had a turnover of Rs. 142 crores in the just-ended fiscal and hope to more than double this to Rs. 300 crores by 2008,'' he added. Godrej Entranza is a ready-to-fit wood, steel and fibre-glass doors and are available in the price range of Rs. 2,500 - Rs. 15,000.