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Fuji Electric unveils India 2.0 plan;eyes Rs 1,500 cr turnover

Tokyo-headquartered energy and power electronics major Fuji Electric Company Ltd has chalked out India 2.0 plan to expand its operations in the country with a target turnover of Rs 1,500 crore by 2023, a top official said on Thursday.The FE India 2.0 plan envisages revenues from India to touch Rs 1,500 crore by 2023 in view of the Fuji Electric's proposal to grow global revenues to Yen 1 trillion when the company celebrates its Centennial Anniversary, Fuji Electric Executive Vice-President Kenzo Sugai said.The plan involves integration of FE businesses including Consul Neowatt, Fuji Electric India and Fuji Gemco to ensure the all its customers have the same pre-sales and post sales experiences, Sugai said.The target markets in India for the.....

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