The Hindu Business Line : Tecumseh India's exports touch 4 lakh units

TECUMSEH Products India Ltd (TPIL) reached a milestone on Wednesday by exporting its 400,000th compressor in the current year (January 1-November 3, 2004).

Mr Todd W. Herrick, Chairman and CEO of Tecumseh Products Company USA, which owns TPIL, flagged off the container to China from its Hyderabad factory.

Exports from Tecumseh India have exceeded the targeted sale by over 35 per cent this year mainly due to wider acceptance of its products in West Asia, Turkey and Korea. It is looking at exports to the US and Australia, according to a company press release.

Tecumseh has been targeting air-conditioner manufacturers in China who, in turn, are reaching the West Asian markets. The export sale this year would be in the vicinity of 425,000-450,000 units, which is double of last year's sale.

Mr Vipin Sondhi, Managing Director, and other top executives of the company were present. TPIL is selling its compressors to many leading brands in India as an original equipment manufacturer. The company, which is building a rotary compressors plant in Hyderabad, is eyeing the huge rotary compressors market with exports expected to begin sometime in 2005.

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