Borosil, operating in glassware, laboratory equipment and solar glasses, is expecting to double its revenue to Rs 7,000 crore in the next four years, led by double-digit growth from across its business verticals. 

The Group, which operates with three listed entities under its fold - Borosil, Borosil Renewables, and Borosil Technologies expects to reach a revenue close to Rs 3,500 crore in FY25. It plans to invest Rs 250 crore for expansion and capacity augmentation to meet the requirement, for which it intends to invest about Rs 150 crore on a new plant in Gujarat for Borosil, which is engaged in products such as glassware and cookware.

Besides, at its unit in Jaipur, where Borosil has already invested Rs 450 crore to expand the production capacity, it has plans to invest Rs 100 crore for debottlenecking to improve efficiency and increase capacity further. In solar glass, Borosil Renewables looks to double its capacity in the next three years and thereby double turnover. The company sees potential in the glassware business, as the urban middle class is gradually shifting from plasticware.