Water Heaters

Haier aims Rs 7,500 cr in 5 years

Consumer durables firm Haier will start manufacturing washing machines, air conditioners and water heaters at its own plant by 2014 instead of outsourcing as it looks for about six-fold jump in revenues to up to Rs 7,500 crore in the next five years.

V-Guard Ind hopes EBITDA margin will stay at 9% for FY12

In an interview to CNBC-TV18, Mithun Chittilappilly, executive director of V Guard Industries spoke about the latest happenings in his company and the road ahead.