Faber rolls out kitchen hoods, eyes 30% growth
Faber launches kitchen hoods, targets 30% growthindia Updated: Sep 02, 2006 11:44 IST
Projecting a growth of 30 per cent in the current fiscal, Faber India extended its undisputed lead in the kitchen hood market by launching 15 new models of state-of-the-art chimneys and gas hobs in the Capital recently.
"These gas hobs are customised to suit the Indian cooking requirements and will redefine kitchen hood sector in the country," said Faber India managing director Pralhad Bhutada.
"The chimneys, manufactured keeping in mind the cooking style of Indians, who use sizeable quantities of oil and spices, will require minimum maintenance and will easily last at least 25 years," a proud Bhutada said.
Faber India, a joint venture of Italy's Faber SpA and Pune's Heatkraft, is currently worth Rs 500 crore in the Indian market, and sells more chimneys and hobs than all its competitors put together.
The gas hobs are priced at Rs 6,990 - Rs 19,990, while the chimneys start at Rs 30,000 and can cost up to Rs 80,000.
The all-glass models of kitchen hoods, part of a 'collection series', come loaded with features like auto-adjusting suction capacity, filter cleaning indicator and low noise.