OCS Group aims to double revenue

OCS Group aims to double revenue
16/03/2017 , by , in ALLIED

OCS Group (India), the wholly owned subsidiary of facilities management major OCS Group of UK, is aiming to double its revenue to Rs 1,000 crore by 2019-20 from Rs 450 crore in 2016-17, said a top company official.

The group has invested Rs 350 crore so far in India for acquisitions and will continue to invest total Rs 200 crore over the next two years to fund acquisitions and part of its expansion plans. It plans to invest in women’s hygiene and other niche areas in the corporate sector facilities management.

The company plans to add 15,000 personnel to its existing workforce over the next four years from current staff strength 16,000 people.

“We are looking at consolidating leadership presence in retail, realty, hospitality, engineering and hygiene at work and home. We will also focus on emerging opportunities in healthcare, education, IT, aviation and sports in North India, among others,” said Srikanth Kumar Swami, MD – OCS Group (India).

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