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

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

Jul 25, 2014: Whirlpool Refrigerator is First Commercial Application of Polyurethane Insulation Using HFO Blowing Agent

Jul 24, 2014: Remodeling Spending to Be Slower, But Still Strong, in Early 2015

Jul 23, 2014: Whirlpool North America Reports Record Operating Profits

Jul 23, 2014: Japan Destroyed 3.6 Million KG Fluorocarbons from Commercial Refrigerators and AC

Jul 22, 2014: Lennox International Reports Record Profit in Second Quarter

More Daily News>>

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

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

March 2014: Market Research - 62nd Annual U.S. Appliance Industry Forecast
February 2014: Appliance Magazine Market Insight: December 2013
January 2014: Market Research - Appliance Historical Statistical Review: 1954-2012
January 2014: Appliance Magazine Market Insight: November 2013




 
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 | Pharmalive | Plastics Today | Powder Bulk Solids | Canon Trade Shows