India is next to inspire Hitachi

Hitachi announced a 70 billion yen (US$838 million) India investment plan as it tries to triple sales dwarfed by its business in China.

The company aims to boost India revenue to 300 billion yen (HK$367 billion) in the year ending March 2016 from 100 billion yen last fiscal year, according to a statement.

Its directors approved the plan in New Delhi yesterday, the first overseas board meeting in the Tokyo-based company's 102-year history.

via Business feed http://www.scmp.com/business/companies/article/1105587/india-next-inspire-hitachi