date:May 15, 2012
the world.
Now the call option Jain has held since it acquired the first half of NaanDanJain has been realised. Incidentally, in the last five years, the latter reported that its sales turnover had gone up by over 25 per cent.
More than Rs 1,250 million has been pumped into NaanDanJain for the manufacturing of innovative drip irrigation equipment and sprinklers, both in Israel and in its subsidiaries overseas. There has been an increase in the investments in research and development as well.