NEW DELHI Dec 13 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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The U.S. Department of Justice (DoJ) has subpoenaed India's largest drugmaker Sun Pharmaceutical Industries Ltd seeking information about the pricing and marketing of the generic drugs it sells in the United States, the company said on Saturday. Full Article