Bangalore: Sanyo Electric Co, an electronics equipments manufacturer, today announced its plans for commercial and industrial categories in India.

HVACR (Heating, Ventilation, Air-Conditioning and Refrigeration), a key component in Sanyo's global portfolio, would be the main driver in its 100 per cent subsidiary Sanyo India's commercial business categories, the company said in a statement. The company is set to gain five per cent market share in the HVACR segment in the current fiscal, it said.

Encouraged by the boom in categories like retail, hospitality, IT/ITeS, construction and manufacturing, Sanyo India aims ten per cent market share by 2010, it added.

Source : PTI