The Telegraph
 
 
IN TODAY'S PAPER
CITY NEWSLINES
 
 
ARCHIVES
Since 1st March, 1999
 
THE TELEGRAPH
 
 
Email This PagePrint This Page
Faber to expand

Mumbai, Sept. 26: Faber Heatkraft Industries Ltd, a joint venture between the $ 200-million Faber SpA of Italy & Heatkraft of Pune today announced major expansion and diversification plans for the domestic kitchen appliances market. Faber India, a leading payer in the Indian electric kitchen chimney, cooking range and gas hob market, is now entering other related segments, to provide ‘one-stop kitchen solutions’.

The company has announced a fresh investment of Rs 12 crore to fund its expansion and diversification programmes and is targeting a turnover of Rs 100 crore by the end of the next fiscal. Turnover this fiscal, is estimated to be around Rs 40 crore.

Top
Email This PagePrint This Page