Feb 22, 2013, 02.56 PM IST

GE sees India revenue growing 15-20 percent: Immelt

GE-INDIA-REVENUE:GE sees India revenue growing 15-20 percent: Immelt

Source: Reuters
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NEW DELHI (Reuters) - General Electric Co 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)


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