Excelsior Correspondent
Jammu, Dec 13: Hitachi, Ltd. and Hitachi India Pvt. Ltd., the Regional Headquarters in India today announced that they have formulated the ‘India Business Strategy 2015’. The strategy was devised with the aim of “contributing to the development of Indian society over the medium to long term through Hitachi’s ‘Social Innovation Business'”. Under this strategy, Hitachi is targeting consolidated revenues of 300 billion yen (200 billion rupee) in India in fiscal 2015, an approximate three-fold increase from consolidated revenues in fiscal 2011.
India is one of the most important regions for Hitachi’s business, and this is evident from the board meeting held in India today, which is Hitachi’s first board meeting to be held outside of Japan. Hitachi will contribute to the development of Indian society over the medium to long term through executing this strategy.