NEW DELHI: Consumer appliances and electronic goods maker Haier India expects its product imports to fall by half with the additional capacity at Pune plant becoming operational, a company official said. Haier, which today inaugurated additional capacity at its plant at Ranjangaon in Pune built with an investment of Rs 600 crore, will manufacture washing machines, ACs, TV panels and water heaters. We, however, will continue to import some high end products," Braganza added," Haier India President Eric Braganza told . Haier said with this additonal capacity, the company will generate 2,000 new direct jobs along with 10,000 indirect employment opportunities in the ecosystem. Haier India, a 100 per cent subsidiary of China's Haier Group, began operations in 2004 and started manufacturing in India by acquiring a 40-acre plant at Ranjangoan in 2007.

Source: Economic Times November 16, 2017 11:03 UTC