Hitachi had increased the prices of air conditioners by 4% | Hitachi company had introduced new air conditioners into the market

Hitachi had increased the prices of air conditioners by 4% | Hitachi company had introduced new air conditioners into the market
Hitachi
Prices of the Hitachi air conditioners are increased by 4% and this will be implemented by the end of January. Few other product prices are increased from 3 -4% and this increase in the price is done as the prices of the resources are increased. Hitachi Company is trying to get 10% of the share in the Indian market and so it is going to recruit 1000 people. Most of the people will be in the distributing and servicing departments. Company had released new AC products in split and window models which are ranging from Rs.19,990 to Rs.49,990. Company is estimating that there will be 20% increase annually as 32 lakh air conditioners are being sold every year.

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