Borosil Renewables Eyes 30% EBITDA Margin with Policy Support & Production Growth

is optimistic about sustaining a 30% EBITDA margin, leveraging production expansion and favorable policy shifts. Chairman Pradeep Kumar Kheruka highlighted that the government's introduction of reference prices to regulate cheaper solar glass imports will provide a significant advantage to Indian manufacturers. The company is ramping up production to meet the rising demand for solar glass, driven by India’s renewable energy push. As the country targets 500 GW of non-fossil fuel capacity by 2030, solar module makers, including Borosil Renewables, are expected to see stronger domestic demand and reduced competition from low-cost imports. With India's Atmanirbhar Bharat initiative promoting domestic manufacturing, companies in the renewable energy and solar glass sectors stand to benefit. This move is also strategic for energy security, reducing reliance on imports from China and other regions. Learning Comment: Policy shifts and production scalability are crucial for industry competitiveness. Companies that align their growth strategies with government incentives and domestic market demand can enhance profitability and long-term sustainability. Source: NDTV Profit No Recommendations