"We are focusing to strengthen our lifestyle, home and kitchen appliances segment as India is a developing country with an increasing purchasing power amongst its citizens. In the coming days, we would be launching a new range of consumer durables further adding to our offering to Indian consumers," Minatogawa said.
He also said that the company aims a 50 per cent growth in the small home appliances segment in the country.
"We have launched a wide range of home and kitchens appliances in India and in 2019-20 we are expecting a 50 per cent growth in small home appliances. With these products, we plan to continuously grow in India and increase market share at a steady pace," he said.
The MD also said that the company would be launch a new range of consumer durables in India. It recently launched a new range of smart home appliances.