Vacon opens sales and marketing outlet in Chennai

By Staff
|
Google Oneindia News

Chennai, Jan 24: Vacon, a Finland-based AC drives manufacturer, opened a subsidiary sales and marketing outlet at Neelangarai, near here today Talking to newspersons, Vacon executive Vice President Heikki Hiltunen said, "India's electricity consumption is one of the highest in the world, and therefore, the country offers a lot of market potential to us".

We would continue building the Vacon brand as well as our sales and distribution network to provide product support in a country where the benefits of AC drives were not yet widely known, he added.

"We plan to build a solid sales and distribution organisation with a skilled product support in the fragmented and highly competitive Indian AC drives market", he added.

The annual power generation and consumption in India had increased enormously in the past decade and the projected rate of increase in power consumption was one of the highest in the world, he added.

Vacon offers AC drives in the power range of 0.25 KW to 5 MW.

In 2005, the Group revenues totalled EUR 149.9 million, he informed.

UNI

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