Dr Aravindha Krishnamachari, director, Tex Biosciences
We expect to see more competition in the field of industrial enzymes. There is growing interest among all our customers to introduce enzymes for water and effluent treatment. We see these two areas as high growth areas in the years to come.
As a company we did very well in 2014, currently growing at 35 percent per annum.
In 2015, we would like expand our presence and increase the number of countries we export to. We are exporting to about 22 countries across the globe, and we like to grow our presence in at least another 10 more countries in 2015-16. We also intend to do well in the food processing industry which has good potential. We have benefited from the new government's policy which has stabilized inflation, reduced fuel costs and a good exchange rate for our exports.