Faber launches kitchen hoods; eyes 30% growth
Faber launches kitchen hoods; eyes 30% growthindia Updated: Sep 02, 2006 08:03 IST
Projecting a growth of 30 per cent in the current fiscal, Faber India extended its undisputed lead in the kitchen hood market with the launch of 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.
The gas hobs are priced between Rs 6,990 and Rs 19,990, while the chimneys can cost anything from Rs 30,000 to Rs 80,000.
Faber India, a joint venture of Italy's Faber SpA and Pune's Heatkraft, is currently worth Rs 500 crore in the Indian market.
The all-glass models of kitchen hoods, part of the 'collection series', come loaded with features like automatic suction capacity adjustment, filter cleaning indicator, low noise, etc.
Faber, which plans to sell 1.5 lakh chimneys and hobs this year, currently sells more than all its competitors put together.
First Published: Sep 02, 2006 08:03 IST