United Technologies expects double-digit growth from India

New Delhi: United Technologies, a diversified company operating in areas such as aerospace systems, air-conditioning, elevators and fire and security systems, today said it is expecting a double-digit percentage growth in its Indian operations in 2006.
United Technologies president and Chief Operating Officer Louis Chenevert said UTC's Otis elevators and carrier air conditioners were the biggest contributors to UTC's Indian revenues.
He said Pratt and Whitney accounted for about a fifth of India's 600 installed commercial engine base and with the rapid air traffic growth, India is a promising market for new engine sales as well as maintenance and overhaul opportunities.
The US-based 42.7 billion dollars company also opened its office in Delhi today and its clients for engines include Kingfisher Airlines, Air Deccan and Indigo.
25/08/06 Zee News

To Read the News in full at Source, Click the Headline