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GE sees India revenue growing 15-20 percent: Immelt

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Reuters Delhi, India

NEW DELHI (Reuters) - General Electric Co expects revenues from the company's Indian business to grow between 15 and 20 percent on a "sustainable basis", its Chief Executive Jeff Immelt said on Friday.

GE, which installed India's first hydro power plant in 1902, has Indian revenues of about $2.8 billion and employs about 15,000 people there.

All of GE's global businesses are present in India. GE says it exports over $1 billion in products and services from India.

(Reporting By Devidutta Tripathy; Editing by Daniel Magnowski)

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First Published: Feb 22 2013 | 2:53 PM IST

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