US-based AO Smith clocks 40 pct growth in India business
AO Smith, the world’s largest manufacturer of water heaters continued its success story in India, growing at over 40% for the last 2 years (FY Jan – Dec).
AO Smith clocked revenue of Rs 240 Cr in 2018 compared to last year’s Rs 170 Cr. India has also emerged as the fastest growing market for AO Smith worldwide, beating major markets. Picture Courtesy: AO Smith Web