Wabag CEO bullish on growth
- From: Vol 10, Issue 9 (September 2009)
- Category: General
- Region: Unspecified
- Country:
- Related Companies: Siemens and VA Tech (Wabag)
Integration efforts have not hampered growth at VA Tech Wabag. Managing director Rajiv Mittal is bullish ahead of a possible IPO later this year.
The main shareholders of VA Tech Wabag have been considering a partial flotation of the company ever since Wabag India was reunited with Wabag Austria back in November 2007.
With Mumbai’s BSE Sensex index at a 15-month high, and a number of recent Indian IPOs drawing impressive interest from foreign investors, the timing at least would appear to be ...
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