KEC expects slowdown in order inflows over next 2 months due to elections

Vimal Kejriwal, MD and CEO of KEC International, said the company had a good year on infra side on ordering, basically in transmission and distribution (T&D), railways and civil areas.

“Of late with the election mood coming in, we are now seeing a slowdown where tenders are not coming in or we do not expect decisions in the next 2 months, so there would be a slowdown in India piece going forward,” he said.

The slowdown due to general elections will not impact the company's overall order inflow, added Kejriwal. "In fact for next year we have been talking about 15-20 percent growth as against 12-12.5 to 15 percent for this year because we already have large orderbook.”