Anil Jain on Jain Irrigation overseas biz merger, debt reduction & future plans - Economic Times

“We see an enormous growth opportunity for Jain Irrigation standalone in India. Through growth and through internal accruals, the rest of the debt will get serviced from Indian cash flows over the next two to three years. That is our target before 2025.”

Through the merger with Rivulis, our international irrigation business will be able to get a significant value creation opportunity and we can pay off the entire overseas debt. The parent company wou… [+5513 chars]

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