- Created: Sunday, 23 November 2003 00:00
- Published: Sunday, 23 November 2003 00:00
- Hits: 2021
The outsourcing story is getting stronger. Electrolux AB says it will outsource components worth Rs 1,000 crore (Rs 10 billion) from India over three years. This includes piston rings, metal fabrications and cold rolled steel. The components will be used by the company's outdoor division, which makes garden and forestry equipment such as chain saw, riders, lawn mowers and lawn tractors. It is also looking to make India a sourcing base, reports CNBC-TV18.