BUSINESS

Haier to set up facilities in India

CHENNAI: Haier group, a leading home appliances brand based in China, is planning to set up its manufacturing plant in India. T. K. Banerjee, President and CEO, Haier India, has stated in a release that this plant would be leveraged as a sourcing base for South Asia, Middle East and Africa. After the successful launch of appliance range across India, the company has come out with a range of colour televisions, DVDs and home theatres. The company will also be establishing research and development facilities in India which would focus on the development of India centric products.

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