Year Ender Quote from Mr. Sunil D'Souza; Managing Director; Whirlpool of India

Mr. Sunil D’Souza; Managing Director, Whirlpool of India
“2017 was an eventful year for the broader Indian economy, our industry, and our business. We went through some ups and downs given the 2 major reforms of Demonetization and GST during the year. Both these reforms, while being in the right direction from a long-term perspective for the economy, did have some short-term impact on the economy and the industry. However, the recent figures and trends do indicate that we are again poised for acceleration on the economic front and therefore remain bullish about the prospects for the durable industry in India. We have managed all the macro events in 2017 very well and delivered strong results. Given our portfolio & capacity expansion, new product launches, enhanced execution capabilities and continued focus on cost & manufacturing efficiencies, Whirlpool remains confident that we are entering 2018 on a strong footing, well positioned to take advantage of strong growth on the horizon.”

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