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Business Economy

HSIL to invest over Rs 150-cr on water & air products expansion

Chandigarh, Dec 15 (UNI) Hindustan Sanitaryware & Industries Limited, known as HSIL Limited will invest over Rs 150-crore on its air and water purifier products market expansion, research and development facilities, marketing and distribution network in the country over the next three years period.
This was disclosed by Rakesh Kaul, President, HSIL Ltd while launching the new range of air purifier products under the brand ’Moonbow’ here today. The need for expansion is felt due to rapid increase in demand of air and water purifiers products, he said.
Besides setting up units for manufacturing water purifiers in Manesar (Gurugram) and Gujarat the company is also contemplating to set up assembly line of air purifier products in the country keeping in view the problem of rising pollution and demand for such products and to provide these products to customers at reasonable rates, he stated.
The market for air purifiers at present is estimated at Rs 300-crore which is likely to increase to over Rs 1200-crore by year 2020. The market will also witness another new range of air and water purifiers products from the company in next six months, Mr Kaul said.
Elaborating about new air purifier product launched here, he said it is a stylish and compact room air purifier with five stage filtration which comes with a PM 2.5 meter and air quality indicator that keeps a track on the air quality in the room.
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Telangana govt urges Centre to make Aatmanirbhar relief package more realistically, humanly for most affected constituents

17 Jun 2021 | 9:08 PM

Hyderabad, Jun 17 (UNI) : Telangana Government on Thursday requested the central government to do a sincere reappraisal of the ‘ Aatmanirbhar relief package’ and make it work more realistically and humanly for the most affected constituents, of which MSMEs occupy a top priority.

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Innoviti launches G E N I E, Indias first smart marketing app for local mobile retailers to help them revive business impacted by pandemic, in Telangana and Andhra Pradesh

17 Jun 2021 | 7:47 PM

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5paisa Capital hires Ankit Fitkariwala as Chief Business Officer &Head of Products

17 Jun 2021 | 6:49 PM

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Canon India expands its line up of photo printers for professional photographers, businesses & homes users

17 Jun 2021 | 6:14 PM

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NEW DELHI, June 17, 2021 /PRNewswire/ -- Staying true to its legacy of technology and innovation, Canon India, the leading input to output solutions provider has expanded its line up of photo printers with the launch of the new PIXMA G570, PIXMA G670, imagePROGRAF PRO-300 and PIXMA PRO-200.

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Fulcrum Digital and SortSpoke partner to provide the next-gen data extraction platform for BFSI industry

17 Jun 2021 | 6:13 PM

NEW JERSEY and PUNE, India, June 17, 2021 /PRNewswire/ -- Fulcrum Digital, a leading business platform and digital engineering company, has announced a partnership with SortSpoke, a pioneer in cloud-based data extraction using AI/ML. This partnership will complement Fulcrum Digital's existing platform ecosystem and digital transformation services to provide an integrated end-to-end solutions for insurance, banking and financial services.

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