Agilent aims to continue with double digit growth in India

Image
Press Trust of India New Delhi
Last Updated : Oct 17 2016 | 5:48 PM IST
US-based Agilent Technologies is aiming to continue with double digit growth in India -- one of its top 10 markets globally -- as it expands presence in the country and launches new products.
The company had posted revenues of approximately Rs 500 crore in the last fiscal year.
"We are looking at continuing a strong double digit growth in India during the next fiscal year. This fiscal year also, we are growing well. We follow November to October fiscal year," Agilent Technologies India Pvt Ltd Country Manager India, Bharat Bhardwaj told PTI.
The company has also been able to grow its market share, he added, without quantifying the share percentage.
Bhardwaj was speaking on the sidelines of the launch of the company's new gas chromatograph -- Intuvo 9,000 GC System'.
"India is one of the top 10 markets for the company and is strategically important for us. The top markets are the US and China," Bhardwaj said.
India is one of the fastest growing emerging markets for the company, he added.
Agilent is also looking at expanding its geographical reach here.
"From a future point of view, we are investing a lot in tier II and tier III cities," Bhardwaj said.
Pharma and Oil & Gas are the biggest segments in India, while Food and Environment are the fastest emerging segments, he added.
Agilent is present in life sciences, diagnostics and applied chemical markets. The company provides laboratories worldwide with instruments, services, consumables, applications and expertise.
The company focuses its expertise on six key segments -- Food, Environmental and Forensics, Pharmaceutical, Diagnostics, Chemical and Energy, and Research.

Disclaimer: No Business Standard Journalist was involved in creation of this content

*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

First Published: Oct 17 2016 | 5:48 PM IST

Next Story