Vikas Garg, MD,Vikas Ecotech expects more than 20 percent growth rate to continue in the coming year as well.
Garg said that for the last many years we were always growing at a CAGR of more than 20 percent barring Q4 which was an aberration but now we are back to normal.
“This was a transitional quarter and since we are getting normal I strongly believe that for Q2 we will be almost 100 percent back to normal,” he further mentioned.
Talking about orderbook, Garg said, “We do not work on orderbook; neither our industry nor our company because more or less our business is always on spot basis, so our regular customers continue to place order every month.”