Last week, Danfoss India was conferred with the ‘Golden Peacock Award for Environment Management’ by the Institute of Directors in Hyderabad. They have a localisation level of 15-16%,” said Ravichandran Purushothaman, president, Danfoss Industries India. In the last three years, the localisation level of controls was increased from 40% to 60%. During the calendar year 2016, Danfoss India reported domestic sales of ₹1,000 crore and export revenue of ₹400 crore. Last week, Danfoss India was conferred with the ‘Golden Peacock Award for Environment Management’ by the Institute of Directors in Hyderabad.

Source: The Hindu July 13, 2017 16:07 UTC