india a key market for water and air purifier company ao smith - air purifier manufacturer
BENGALURU: AO Smith, a US water technology and air purification solutions company, said India will be a key market for its future growth in addition to China.
India is still a small market for the company, accounting for 1% of its total sales.
But Ajita Rajendra, chairman and chief executive, said global revenue grew by double digits to 8% last year. "We have a long time
The long-term view of India and our expectation is to continue to grow under the current double growth
"The growth rate has reached several digits," he said.
So far, the company has invested $75 million in India and set up a factory in 2010.
AO Smith is also looking for ways to work with the Indian government to achieve an alarming level of pollution in cities across the country in the field of air purification.
"We are happy to share our technical expertise and work with the government," Rajendra said . ".
Pollution levels across the country, especially in Delhi
In October, the NCR area was a hot topic in the town, higher than the WHO standard.
With the increase of pollution, the demand for this purifier can only increase.
The company is known for its water heaters and purifiers in India and already has air purifiers in China.