Norbar Torque Tools will expand its distributor and service network in the country to address the market better. It will initially invest Rs. 10 crore for this purpose.
Mitsubishi Electric is ready to make a big push into industrial automation products space & is considering establishment of a greenfield plant of its own at Pune.
Blue Star plans to aggressively focus on the room air-conditioners segment this calendar year and is eyeing a market share of 9 per cent by end-December.
The lightings division of Bajaj Electricals Ltd is aiming for a turnover of Rs 800 crore during the current fiscal, a 35 per cent growth vis-a-vis the previous year.