GE sees India revenue growing 15-20 percent: Immelt
NEW DELHI (Reuters) - 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)
- Tweet this
- Share this
- Digg this
- China's Xiaomi hopes Mi 4 smartphone can take on Apple
- Latest Obamacare legal knot won't be easy to untangle
- UPDATE 3-Rebels likely downed Malaysian jet 'by mistake' -U.S. officials
- UPDATE 1-Netanyahu asks Kerry to help resume U.S. flights to Israel
- Rebels likely downed Malaysian jet 'by mistake' - U.S. officials
Supreme Court could allow Sahara boss to conduct asset sale talks, company says. Full Article