Post Budget Reaction - Haier India

Mr. Eric Braganza, President, Haier Appliances India, said "We welcome the Union Budget 2017-18 and the GST policy. We are extremely happy with the initiative of the government to make India the hub for manufacturing of electronic goods. This will boost the manufacturing capacity in the country and also increase job opportunities. Further, in accordance with this move, Haier will soon inaugurate its manufacturing facility in Pune in 2017, following the investment of Rs. 500 crores that was made in 2015 towards the facility."

Source : Equity Bulls

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