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Hitachi Home sees India as export hub

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Payal Verma New Delhi
Last Updated : Jan 28 2013 | 2:33 AM IST
 Hitachi Home & Life Solutions, the air-conditioner (AC) maker, is planning to make India an export hub for its window and split AC units.

 The Indian subsidiary of the Japanese company is also foraying into the refrigerator business by the end of this year.

 Hitachi currently exports window and split units to Saarc countries and the Gulf. It is now exploring the option of exporting these to Brazil and Argentina.

 The company has set a target of 20,000 units for the next financial year, up from 10,000 units this fiscal.

 Of the latter, it has already achieved more than 50 per cent having seen a 200 per cent growth in the July-September quarter.

 Exports currently account for 10 per cent of Hitachi

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First Published: Nov 17 2003 | 12:00 AM IST

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