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Brother to ramp up investments in India
February 2008 – Mumbai, India Brother’s Indian subsidiary has announced that it will invest up to 400 million rupees ($10 million) over the next three years.With this fresh injection of funds, Brother International (India), which was set up in March 2007, plans to increase its product catalogue this year and focus on channel expansion and brand presence.“We hope our investments in this region will give us an opportunity to continue serving our long-standing and valued customers with an improved level of local support,” said Mr. Toshikatzu Koike, president and representative director, Brother International. “Our new investment is also a significant endorsement of India as an emerging star performer in our overall plans.”
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