pc components producer Asus of india is preparing an purchase of over Rs 200 crore in calendar yr 2011 to fund its expansion plans, which include its advertising participant business, a senior company standard said.
The Taiwan-based company, which caters toward assembled PC industry in India, may be also eyeing a 17 % enlargement in income at near to Rs 600 crore in CY 11, Asus of india country mind (Component Business) Vinay Shetty informed PTI here.
"We have founded like a major motherboard producer in India. But now we method to concentrate for the advertising participant industry which could be an emerging segment in customer electronics business displaying a guarantee of powerful enlargement of near to sixty % year-on-year. We method to invest near to Rs 200 crore to fund our expansion plans," he said.
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