German home appliance specialist Hafele is looking at a twofold rise in sales (Rs. 1,000cr) by 2020 with the introduction of new products and services.
In the last three years, the company has grown by 40% due to a growing market. "We are quite confident of achieving revenue of Rs. 1,000cr. Our new category of appliances under the mid-premium brand - Nagold, is giving us enormous growth and contributing substantially to our business in India", said its Managing Director. The company also offers furniture fittings, architectural hardware, electronic systems, and related technical advice.
Hafele eyes good business in India
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