NEW DELHI General Electric Co (GE.N) expects revenues from the company's Indian business to grow between 15 and 20 percent on a "sustainable basis", its Chief Executive Jeff Immelt said on Friday.
GE, which installed India's first hydro power plant in 1902, has Indian revenues of about $2.8 billion and employs about 15,000 people there.
All of GE's global businesses are present in India. GE says it exports over $1 billion in products and services from India.
(Reporting By Devidutta Tripathy; Editing by Daniel Magnowski)
Trending On Reuters
The SEBI plans to overhaul the corporate debt market by pushing all issuance onto an electronic platform as early as November, sources told Reuters. Article