Haier looks to triple india sales in 2010

Chinese consumer durables manufacturer Haier Appliances India is eyeing a 200 per cent sales growth in 2010 as compared to 2009. The ambitious target comes in the backdrop of 216 per cent growth by the company during January-March, 2010.

Chinese consumer durables manufacturer Haier Appliances India is eyeing a 200 per cent sales growth in 2010 as compared to 2009. The ambitious target comes in the backdrop of 216 per cent growth by the company during January-March, 2010.

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The revenues of the company for the calendar year 2009 stood at Rs 350 crore and the company expects to achieve sales target of around Rs 1,000 crore for calendar year 2010.

“Globally Haier is a major player in consumer electronics segment and has been improving its growth figures. I see no reason why the company should not be the leading consumer brand in India,” said Eric Braganza, president Haier Appliances India.