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As a
strategic decision Gala has exited out of Compressor Valves business to
focus into large and emerging markets of Energy and Environmental
Solutions to create value by leveraging
India
advantage with European Technology.
Gala is
looking at having strategic tie-ups / JV's with some European Companies
for having licensing arrangement to sell those products in India. We are
looking at products / equipments having good market potential in the
Indian market.
Gala would also like to acquire mid size high technology Company in
Europe with global market potential and having no presence in Asia. Then
develop similar markets & scale up manufacturing in Asia. |