Sanyo India allots Rs 1,500-mn for sales target

Bangalore: Sanyo India has set a sales target of Rs 150 crore for its commercial business during 2008-09 even as it plans to start manufacturing batteries for mobile phones and for laptops.

Sanyo India’s Vice-President for commercial business, Mr Ravi Gupta, said that all its products were extremely eco-friendly and could save energy between 10 per cent and 25 per cent.

He said there was a huge upswing in the solar heater market and Sanyo had the right products for India.

He added that currently Sanyo India imports all its products from various manufacturing locations of the company, but might look at setting up a few plants in the country itself once the sales pick up.