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?Haier expecting 240 % growth?

HAIER APPLIANCES India Private Limited expects a growth of 240 per cent at the end of current financial year. The exclusive outlet Planet Haier in Indore has generated result much beyond expectations.

Published on: May 05, 2006 07:19 PM IST
None | By , Indore
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HAIER APPLIANCES India Private Limited expects a growth of 240 per cent at the end of current financial year. The exclusive outlet Planet Haier in Indore has generated result much beyond expectations.

HT Image
HT Image

Company whole time director Pranay Dhabhai said this on his visit to the City today. Dhabhai told Hindustan Times that Haier recently launched the digital DC converter air-conditioner and also sponsored the MTV Asia Awards.

This air-conditioner runs on digital DC inverter technology and saves up to 51 per cent power. Haier showroom encompasses products like air-conditioners, refrigerators, washing machines, television, microwave oven and many other appliances. The price range begins at Rs 5,900 and goes up to Rs 3.5 lakh for these products.

Dhabhai stated that the company has 16 Planet Haier showrooms in India and a network of 4,500 dealers. It is just a two-year-old company in India, he said. In the Sate, the company has showrooms in Gwalior and Jabalpur other than Indore.

The company is concentrating on increasing its market share and consolidating at present. The turnover of the company is Rs 55,000 crore.

 
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