Godrej Appliances, the consumer durables division of the Godrej Group, is eyeing a turnover of Rs 4,000 crore this fiscal, at growth of over 20 per cent.
"We are targeting Rs 4,000 crore for the year 2017-18.
April was good and after that May, June, July have got impacted because of GST. With the declaration of GST rates in May, we saw a dip in demand, largely purchases by trade partners.
"We saw a good purchase by trade partners in anticipation of festive season. We expect this momentum to continue now and at an overall level, by the end of the year, we should be able to deliver a growth of over 20 per cent," Godrej Appliances Business Head and Executive Vice President Kamal Nandi told