Hitachi aims to double India revenue by 2015

NEW DELHI Thu Dec 13, 2012 2:32pm IST

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NEW DELHI Dec 13 (Reuters) - Hitachi Ltd, Japan's largest industrial electronics maker, targets a tripling of revenue from India to 300 billion yen ($3.62 billion) by 2015, its chief executive said on Thursday.

The company will invest 70 billion yen in its Indian business by 2015, Chief Executive Hiroaki Nakanishi told reporters at a press conference in New Delhi, adding that it would also double its employees in the country to 13,000 in the same time frame. ($1 = 82.9300 Japanese yen) (Reporting by Anurag Kotoky; Editing by Gopakumar Warrier)

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