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CCL Products' CEO Praveen Jaipuriar On 20% Growth Guidance, Future Of Green Coffee Market

CCL Products' CEO Praveen Jaipuriar On 20% Growth Guidance, Future Of Green Coffee Market

BusinessToday.In
BusinessToday.In
  • New Delhi ,
  • Sep 13, 2023,
  • Updated Sep 13, 2023, 11:24 AM IST

 

CCL Products' CEO, Praveen Jaipuriar, is bullish about the company's future, predicting a robust 18-20% growth over the next 2-3 quarters. Jaipuriar's optimism is fuelled by strong demand for coffee products. Despite carrying debt due to rising coffee prices and heightened working capital needs, Jaipuriar says company's debt-to-equity ratio will remain near to one. Additionally, CCL Products is actively investing in small plants to enhance production capacity. CCL Products has consistently outperformed its industry peers, attributed to its innovation and product diversification strategies.

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