Mumbai, Nov. 7 -- Fuji Electric has announced its India 2.0 plan to expand its business in India. The FE India plan envisages the revenue from the Indian market to reach Rs 1500 cr by 2023 supporting its global objective to grow global revenues to one trillion yen by then.
Fuji Electric is globally developing its core business of Power Electronics Systems and India has been identified as one of the key markets as part of its growth plan. The company will expand this segment in India targeting mainly manufacturing industries, core heavy industries, buildings, infrastructure and data centre market. With the recent acquisition of Consul Neowatt Power Solutions, Fuji Electric has a strong presence across India with almost 1000 employees, four ...