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

Haier to Set Up Manufacturing Units in India
Feb 17, 2005
 Printable format
 Email this Article
 Search

Chinese home appliance maker Haier has decided to set up its manufacturing units in India.

According to TK Banerjee, CEO of Haier, the company proposes to invest U.S. $100 million over the next couple of years to set up production facilities for televisions, washing machines, air-conditioners, and refrigerators.

"To start with, we will have a factory for televisions very soon followed by other facilities for assembly operations of other durables like washing machines, ACs, and last will be refrigerators because that we are really looking at a huge volume in future years to come," said Mr. Banerjee.

Haier has spent about a year in India, and it sells mobile phones, besides consumer durables. Mr. Banerjee said, at the present, Haier did not have plans to manufacture mobile phones in India, but should it manage to corner a leadership position in the business, it could consider setting up a production unit for mobile phones as well. (Moneycontrol.com)

Back to Daily News

 

Daily News

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

Oct 1, 2014: Whirlpool on Manufacturing Day: on track to exceed $1 billion U.S. investment goal

Oct 1, 2014: Commercial appliance spending and other restaurant capital spending solid in August

Oct 1, 2014: Appliance maker Gorenje is first Slovenian company with a European Works Council

Oct 1, 2014: HVAC/R contractors positive about short-term growth

Oct 1, 2014: Global semiconductor industry on-track to biggest year ever

More Daily News>>

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

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

September 2014: Appliance Industry Focus: HVAC
June 2014: Appliance Magazine Market Insight: April 2014
May 2014: Appliance Magazine Market Insight: March 2014
April 2014: Appliance Magazine Market Insight: February 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