Released on: March 14, 2008, 4:51 am

Press Release Author: Priya Mathew

Industry: Electronics

Press Release Summary: . HVACR (Heating, Ventilation, Air-Conditioning and
Refrigeration) comprises 60% of SANYO INDIA's commercial business.
. Leadership position in a few sub-categories of HVACR business; SANYO aims at 10%
market share by 2010. Poised for 5% market share, in just the second year of
operation.
. Plans to double turnover in AC business, in 2008-09; Boom in Retail, Hospitality,
IT/ITES, Pharma, etc. are expected to be triggers.
. SANYO's Global Corporate Mission, 'Think GAIA', guides development of
energy-efficient and eco-friendly products with 'Lowest-life-cycle-cost' - the key
tenets of SANYO's strength.



Press Release Body: SANYO Electric Co. Ltd (SANYO), one of the world's largest
manufacturers of consumer electronics and commercial equipment, reaffirmed its
active participation in the Indian Market by announcing SANYO INDIA's plans for
commercial and industrial categories in India. SANYO, known more for its consumer
products in India, is a leading player on the global canvas, in Commercial Business
category as well, and has now charted the course for replicating this success in
India.

HVACR (Heating, Ventilation, Air-Conditioning and Refrigeration), a key component in
SANYO's global portfolio, will be the key driver in SANYO INDIA's Commercial and
Industrial business categories. Having recently made its entry into INDIA in
Commercial Business through its 100% subsidiary SANYO INDIA, the company is set to
gain 5% market share in the HVACR segment, in the current fiscal. Further,
encouraged by the boom in categories like Retail, Hospitality, IT/ITES,
Construction, Manufacturing, etc., SANYO INDIA is aiming at a market share of 10% by
2010. This growth is pegged to the expanding commercial product market in India.

Elaborating on SANYO INDIA's strategic intent, Mr. Keiji Oshima, President, SANYO
INDIA, said, "Globally, customers are getting increasingly sensitive about 'Green
Products'. With several Global players entering the market and 'Global Warming' /
'Climate Change' gaining importance in India, we see signs of such eco-sensitivity
in India as well. With our Global Corporate Mission of 'Think GAIA', which means,
saving the Mother Earth for future generations, we are poised for big gains in the
Indian Commercial and Industrial Market. We are hoping that, in the next couple of
years, Energy Efficient products will be a norm, rather than an exception."

Sanyo has patented technology to optimize Air Conditioning, Refrigeration and
Lighting load in a super / hyper market. This 'eco-store' system helps in saving
energy in the range of 10% to 25%, while it also facilitates online monitoring and
analysis of data for stores spread across, from a centralized location. Such unique
products and features have enabled SANYO in offering environment friendly and
energy-efficient solutions, leading to increased productivity for customers.

SANYO INDIA has a host of solutions for the Industrial and Commercial market - all
of which are 'Energy Efficient and Environment Friendly'. During FY 2007-08 SANYO
INDIA established leadership in Refrigeration Business. SANYO is already one of the
largest players in India for 'showcase' business. Now, it plans to leverage its rich
parentage in Commercial Air Conditioning domain and also consolidate further in
compressors and other categories. With an impressive range of HVACR products SANYO
INDIA has already garnered business worth Rs.50 crores, in this category itself. The
plan is to double the turnover to over Rs.100 crores in the year 2008-09 by playing
a larger role, especially in the air-conditioning and showcase domains.

Elucidating on the reasons for this optimism, Mr. Ravi Gupta, Vice-President -
Commercial Business, SANYO INDIA, said, "The idea is to tap the growing market by
offering products with cutting edge technology which are more environment friendly
and energy efficient. While the market for commercial products is growing at 20%
annually, we are confident of marching ahead at a much accelerated pace, as we have
the expertise and experience of being a dominant Brand in US, European and other
Asian markets, in many of these categories."

"'Lowest Total Life Cycle Cost', 'Product Range, 'Cutting-edge technology' and a
strong emphasis on 'After Sales Service' will be SANYO's pillars of strength.
Japanese parentage and Global experience of having built relationships with many
MNCs who are already in India or are about to set their operations here, especially
in Retail, and IT/ITES, will give us the competitive edge", he explained.

Some of the products in SANYO INDIA's portfolio related to this category, include -
Air conditioners: Wall mounted splits, ducted splits, cassettes, VRF (variable
refrigerant flow system), GHP (gas powered chiller system), VAM (Vapour Absorption
system), Telecom units and Inverter splits.
Cold Chain: Showcases for hyper market and convenience stores, cold room projects,
bottle coolers, chest freezers, ice making machines, coffee dispenser, under counter
and over counter refrigerators, commercial microwave and induction cookers.
Compressors: Rotary and scroll compressors.
Virus washer: Makes the bacteria ineffective in a mall, hospital, Cineplex or even a
house. It can be stand alone unit and if required, it can also be clubbed to the
central air conditioning system.
Water pump: Meant to pump water and has both, commercial and residential
applications. This can also be attached to water cleaning system, a pioneering SANYO
product.

SANYO is also the pioneer and World No.1 in many products, like Gas Heat Pump,
Vapour Absorption System, etc.

Initially, SANYO INDIA will source its products from its manufacturing facilities
around the globe, in order to ensure delivery of time-tested, globally certified
products with highest product quality. The possibility of assembling / manufacturing
some products in India is also being explored.

About SANYO INDIA:

Sanyo India Private Limited is a wholly owned subsidiary of Sanyo Electric Co.,
Japan and is engaged in providing solutions in the area of industrial refrigeration
and air conditioning systems, projectors, compressors, solar energy generating
systems, rechargeable batteries and close circuit TV based surveillance systems.
Headquartered in Gurgaon, the company has sales offices in all the A class cities,
in close proximity to identified sources of business. After sales service and
support is provided by well equipped and trained technical staff across pan Indian
network.

About SANYO (Global):

SANYO is a leading provider of Environment and Energy-related products, with a new
vision - 'Think GAIA', which aims to create solutions for a sustainable Earth by
synergizing SANYO's core technologies, such as photovoltaic systems, rechargeable
batteries, CO2 compressors, HEV battery systems as well as digital cameras, mobile
phones, electronic devices and components, etc.

About 'Think GAIA':
'Think GAIA' is the new Vision of SANYO, which is to treat the Earth as a single
living organism, and create the products we truly need to continue living in harmony
with this precious planet. It is a threefold approach, consisting of action on the
environmental, energy and lifestyle fronts. In each of these fields, SANYO redefines
conventional ideas and takes a radically new perspective, taking advantage of its
unique technological resources to propose global solutions for Life and the Earth.


Web Site: http://www.sanyoindia.com

Contact Details: Hyderabad, Andhra Pradesh, India
Ph: 040 40168439