Electrolux to break even next year

Electrolux, the Swedish home appliances major, today said its Indian operations would break even late next year. The company plans to outsource components worth $300 million in the next three years from India.

Electrolux to invest in R&D centre

CONFIDENT that its Indian arm, Electrolux Kelvinator Ltd (EKL), will be able to break even by the end of next year, Swedish major AB Electrolux has chalked out strategies for greater integration of its activities in India with its global operations. CONFIDENT that its Indian arm, Electrolux Kelvi…

Home appliance maker plans expansion

The German giant Bosch-Siemens Home Appliances Co Ltd (BSH) aims to invest heavily in the Chinese market, targeting high-end consumers with two competing international brand names.