Online edition of India's National Newspaper
Saturday, May 13, 2006
Online edition of India's National Newspaper Saturday, May 13, 2006 |
|
|
|
|
|
|
| Business |
|
News:
Front Page |
National |
Tamil Nadu |
Andhra Pradesh |
Karnataka |
Kerala |
New Delhi |
Other States |
International |
Opinion |
Business |
Sport |
Miscellaneous |
Engagements |
Advts: Classifieds | Jobs | Obituary |
Business
Special Correspondent
BANGALORE: Global power and control specialist Schneider Electric plans to make India an export base for the rest of the world, its Chairman and CEO, Jean-Pascal Tricoire said here on Friday. The company's Indian subsidiary, Schneider Electric India, generated revenues of Euro 120 million in 2005, out of which exports of low voltage products to West Asia, Saudi Arabia, Gulf region and Africa accounted for Euro 15 million. "With the opening of a new manufacturing facility in Hyderabad, we plan to make India an export base to the rest of the world,'' Tricoire told reporters during a visit to the company's R&D centre in Bangalore, its biggest outside the U.S. and Europe, that employs around 400 people. Tricoire said Schneider would keep growing its R&D manpower in Bangalore which had witnessed a 200 per cent growth over last year. Schneider would look at the possibility of a stock exchange listing in India in the future.
Printer friendly
page
News:
Front Page |
National |
Tamil Nadu |
Andhra Pradesh |
Karnataka |
Kerala |
New Delhi |
Other States |
International |
Opinion |
Business |
Sport |
Miscellaneous |
Engagements |
|
|
|
The Hindu Group: Home | About Us | Copyright | Archives | Contacts | Subscription Group Sites: The Hindu | Business Line | Sportstar | Frontline | Publications | eBooks | Images | Home |
Copyright © 2006, The
Hindu. Republication or redissemination of the contents of
this screen are expressly prohibited without the written consent of
The Hindu
|
