Toshiba to invest $500m in India businesses over 5 years
Feb 14 2014 , Mumbai
Toshiba will position India as a strategic business hub in its thermal power, energy equipment, water treatment and software development businesses, Chief Executive Officer Hisao Tanaka said in a statement.
The company said it is targeting sales of 180 billion rupees from India by 2016/17, about seven times from the current level. It expects to employ 8,000 people in India by then.