Whirlpool eyes Rs 3,700 crore turnover this fiscal
year
18/06/2014 15:26
Home appliances firm Whirlpool of India is targeting up to 12 per cent growth in turnover at Rs 3,700 crore in the current fiscal on the back of new product launches including hi-end kitchen appliances and prudent cost management, reported PTI. "This year is expected to be better than last year. We are targeting 10-12% growth and turnover of Rs 3,700 crore. We will launch new products and be more prudent with cost to achieve growth," Whirlpool of India Vice President (Corporate Affairs & Strategy Asia South) Shantanu Das Gupta told PTI. "There is a positive market sentiment. But, we expect the economy to report good growth in 18-24 months," he said. Whirlpool said it will launch 200 products this year in four key categories - refrigerators, washing machines, air conditioners and microwave oven, as per the media reports.
18/06/2014 15:26
Home appliances firm Whirlpool of India is targeting up to 12 per cent growth in turnover at Rs 3,700 crore in the current fiscal on the back of new product launches including hi-end kitchen appliances and prudent cost management, reported PTI. "This year is expected to be better than last year. We are targeting 10-12% growth and turnover of Rs 3,700 crore. We will launch new products and be more prudent with cost to achieve growth," Whirlpool of India Vice President (Corporate Affairs & Strategy Asia South) Shantanu Das Gupta told PTI. "There is a positive market sentiment. But, we expect the economy to report good growth in 18-24 months," he said. Whirlpool said it will launch 200 products this year in four key categories - refrigerators, washing machines, air conditioners and microwave oven, as per the media reports.