DQ Top 20:#51 TPV Technologies

Director: Seema Bhatnagar www.tpv-tech.com

In FY13, the company grew by almost 20% as the revenue increased from `1,440 crore to `1,725 crore. Though the company strengthened product portfolio but the major revenue contributor was distribution network. In addition, TPV Technology has turned its India operations into a wholly owned subsidiary-TPV Technology India. This will be followed by investment of around `0.2 bn in the Indian operations.
Looking at growth avenues, the company plans to set up a manufacturing plant in India.

Highlights

• Turned its India operations into a wholly owned subsidiary
• Plans to set up a factory in India