Sanitary-ware company HSIL Ltd here today launched its new range of water purifiers under its umbrella brand, 'moonbow'.
Speaking at the launch, Rakesh Kaul, President and Chief Consumer Business, HSIL Ltd, said, "We are excited to bring to the market 'moonbow' water purifiers from the consumer division of HSIL as we feel that this segment has a rather high foreseeable growth rate. We intend to invest massively in the R&D for water purification and continue to work on newer technologies."
"The brand aims to capture 10 per cent market share in three years and HSIL also plans to become one of the top three players in this category within next four to five years," he said.
The 'moonbow' water purifiers will have 5 variants available, namely Oceanus Premium, Oceanus, Achelous Premium, Achelous and Ezili with the prices ranging from Rs 12,990 to Rs 26,990.
Disclaimer: No Business Standard Journalist was involved in creation of this content
