GE Healthcare Targets $1 Billion Revenue by 2020
The India unit of GE Healthcare projects revenue of $750 million this year, chief executive John Flannery said in an interview with the Economic Times.
Flannery believes that the current focus on cost, quality and outcomes, the hallmarks of India business, also forms an important aspect of the company’s global business. “India is one of the highest growth businesses we have anywhere in the world. It has strong double-digit growth. So, it adds a lot of features to our global business,” he added.
The India market for GE Healthcare is growing at 20 percent annually and the company is targeting over $1 billion in revenue by 2020.
Posted on October 20th, 2016
by Gunjan Bagla
California-based management consultant Gunjan Bagla runs Amritt, a consulting firm helping American companies to succeed in India. Amritt is the trusted advisor for India market research, India business development, India market entry, Global Engineering, Global Technology Scouting, India R&D and Open Innovation.
Gunjan is author of "Business in 21st Century India: How to Profit Today from Tomorrow’s Most Exciting Market" (Hachette Book Group, 2008), Amazon's top rated title on the subject.
He has appeared as the India Expert on BBC Television, Bloomberg TV, Fox Cable Business and has been quoted in the New York Times, the Los Angeles Times, the Hollywood Reporter and Business Week for his expertise on India.