Japan-based Hayashi Electric today announced its foray into country^s regular and premium electric fan market and plans to sell around 5 lakh units over the next three years. The company is also planning to set up its own manufacturing unit here by the end of this year, which would act as a hub to meet the domestic demand and as well as the exports.

Hayashi Electric has launched 12 models of regular fan priced from Rs 1,200 onwards and 15 models of super-premium luxury fans priced around Rs 1.5 lakh. “Our focus is to sell around half a million fans in next three year. From 2018, our volume should be around 5 lakh, in which 60 per cent should be from the premium segment and rest 40 per cent from economical range.

http://economictimes.indiatimes.com/industry/cons-products/electronics/hayashi-electric-forays-into-indias-fan-marketeyes-sale-of-5-lakh-units/articleshow/50626975.cms

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