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Cold Comfort And Change

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Joydeep Ray BUSINESS STANDARD
Last Updated : Feb 26 2013 | 1:13 AM IST

Hitachi has taken control of Amtrex and has set the stage for a major expansion in India

It was a four-year partnership that broke up faster than most people might have expected. But now the Japanese electronics giant Hitachi will probably turn Ahmedabad-based Amtrex Hitachi into its assault vehicle on the Indian market. In the pipeline could be anything from CDMA phones to refrigerators. And, yes, they will keep making air-conditioners.

The change of guard is slated to bring sweeping changes at Amtrex Hitachi. Already the Lalbhai Group

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