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Asahi India to spend 1.3 bln rupees on expansion

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NEW DELHI | Fri Aug 27, 2010 11:55am IST

NEW DELHI Aug 27 (Reuters) - Asahi India Glass Ltd (AISG.BO) plans to spend 1.3 billion rupees to expand its capacity by a third in twelve months' time, Chief Executive Sanjay Labroo told reporters.

The auto parts maker expects FY11 revenue at 17 billion rupees, Labroo said on Friday.

(Reporting by Sanjeev Choudhary; Editing by Ramya Venugopal)

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