Financial Daily from THE HINDU group of publications
Thursday, May 25, 2006
Financial Daily from THE HINDU group of publications Thursday, May 25, 2006 |
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Corporate
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Overseas Investments States - Tamil Nadu Harting to open Indian operations in Chennai Our Bureau
Chennai , May 24 Harting Technology Group, the Germany-based electrical and electronic technology company that develops customised solutions and products such as connectors for energy and data transmission applications, announced the opening of its India operations here in Chennai on Wednesday. The Indian subsidiary has about 15 personnel manning the operations, and will look to double the headcount by the end of the year. The company will operate sales offices in Delhi, Mumbai, Pune and Bangalore, and will develop distribution channels additionally. The India division of the company would be looking to provide interconnect solutions in the field of machinery manufacturing, energy, transportation, telecommunications and factory automation, according to a press release. Mr Dietmar Harting, Founder, Harting Technology Group, was quoted in the release as saying that Tamil Nadu's excellent communication and transport facilities, infrastructure, peaceful investment climate and availability of skilled labour are some of the factors that prompted the choice of location for the subsidiary.
More Stories on : Overseas Investments | Tamil Nadu | Electrical Goods
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