In January 2016, you had announced the plans to establish Greenfield projects and making overseas acquisitions for which you had set aside Rs.500 crore. What's the progress on that front?

Our green field project in Pune, which will be a state-of-art facility, is expected to be operational by September 2016. We are continuously looking and evaluating opportunities which will conform to our business needs. We will progress in this front as and when the required business indicators look encouraging.

You have also added a new vertical to your product offerings with Telematics. How's that business shaping up?
Pricol is currently offering Telematics solutions in the tractor and off-road vehicle segments. Telematics has seen an increased interest and importance globally. With the increasing demand for vehicle health monitoring and asset tracking of vehicles, we intend to increase our offering in Telematics, with solutions customised for every fleet's effect ctive mananagement.

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