BSH targets 2x growth in Siemens appliances as Indians upgrade to premium kitchens
“The way Indian customers think about ‘premium’ is not very different from those in other markets,” said Klaus Karl, executive vice president of BSH Home
“The way Indian customers think about ‘premium’ is not very different from those in other markets,” said Klaus Karl, executive vice president of BSH Home Appliances Group.
“But the maturity level is different here. So that comes with a potential to grow, from our perspective. In Europe, the growth in the premium
segment is much less, if at all, because there is a saturation level there already. Besides, there is a hunger for innovation in India.”
The BriefWire