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Hitachi arm Highly Electrical Appliances eyes exports from Gujarat unit

Firm plans to hike local procurement from 36% to 85% in near future; eyes European market

hitachi
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Vimukt Dave Ahmedabad
Hitachi Electrical Appliances' Indian arm Highly Electrical Appliances India, which has a manufacturing unit in Gujarat, plans to start exporting air-conditioner compressors to Sri Lanka, Saudi Arabia and Dubai. The company is targeting an export volume of about 100,000 compressors from India in 2017, after which it will explore the European market.
"We are discovering the potential for exporting to countries closer to India. The company has recently exported to Bangladesh and Malaysia and we are in talks with some players in Sri Lanka, Dubai and Saudi Arabia," said Sameer Bhargava, director and vice president at Highly Electrical.
Bhargava added

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