News Brief | October 2011
Eaton to expand distribution business in India
US-headquartered Eaton Corporation plans to expand its distribution business in India and reach revenues of $500 million in the next four years. Raja Kochar MD Eaton Corporation India, said, “We plan to expand our distribution business in India.” He said that they were looking at tapping opportunities in the ‘low voltage’ and ‘medium voltage’ segment.On their target of reporting $500 million revenue in four years he said that they were looking at trebling revenues in the next four years. He said that they had set up a similar target of reaching $400 million in five years in their China operations in 2005 and had surpassed it. The company has two manufacturing facilities in Ahmed Nagar and Nashik in Maharashtra.