Hager looks for local partners; eyes Rs. 300-cr revenue by 2015.

French electrical equipment maker Hager is looking at local collaboration to strengthen its presence and meet its revenue target of over Rs. 300 crore by 2015 in India.

'India is a key market for Hager after Germany and France, and we see huge potential here with the growth in the real estate sector and increasing emphasis on energy efficiency and safety issues,' Daniel Hager, Chief Executive Officer, Hager said.

'We want to bring more localised content into this market and we may look at collaborations for the same,' he added.

The company has set a target of achieving over Rs. 300 crore turnover by 2015, Hager said.

HBL