Home
Global Supplier Directory
APPLIANCE Engineer
Supplier Solutions
APPLIANCE Line
Whitepaper Library
Calendar of Events
Association Locator
Contents Pages
Market Research
Subscription Center


 
Daily News

Whirlpool of India to Invest $20 Million in New Products
Oct 1, 2008
 Printable format
 Email this Article
 Search

Whirlpool of India plans to invest US$20 million in new product lines in the next 12-18 months. "The funds will be invested in three of our existing facilities," T.K. Saha, vice president of sales, said in a news conference. The funds for investment would be drawn mainly from internal ccruals, he said.

The firm, 83% held by Whirlpool Corp., also expects to post a revenue growth of 20% to 25% in FY09 with new product launches.

Growth would come from products like microwave ovens, air-conditioners, and water purifiers, apart from refrigerators and washing machines, Saha said. Currently, refrigerators contribute 70% of revenues.

Back to Daily News

 

Daily News

...........................................................

Nov 26, 2014: Hamilton Beach 3Q income down slightly

Nov 26, 2014: LG's sales of Inverter Linear Compressor refrigerators top 10 million

Nov 25, 2014: Robotics Exhibits Grow 25% at 2015 CES

Nov 25, 2014: Index shows HVAC/R contractors more positive than last year

Nov 25, 2014: Consumer Confidence Index Declines

More Daily News>>

RSS Feeds
.........................................................
Appliance Industry
Market Research

...........................................................

November 2014: U.S. Appliance Industry: Market Value, Life Expectancy & Replacement Picture 2014
October 2014: Portrait of the European Appliance Industry
September 2014: Appliance Industry Focus: HVAC
June 2014: Appliance Magazine Market Insight: April 2014




 
Contact Us | About Us | Subscriptions | Advertising | Home
UBM Canon © 2014  

Please visit these other UBM Canon sites

UBM Canon Corporate | Design News | Test & Measurement World | Packaging Digest | EDN | Qmed | Plastics Today | Powder Bulk Solids | Canon Trade Shows