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Endress + Hauser eyes smart cities to double India revenue by 2020

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Endress + Hauser, a Switzerland-based instrumentation and process automation company, is looking to double its India revenue to Rs 800 crore by 2020 through smart cities related work, said a top company official.

The company, which has already worked with municipal corporations of Pune and Trichy, is currently in talks with civic bodies of cities shortlisted to be part of government’s Smart Cities Mission.”Our entire strategy of doubling the revenue by 2020 hinges on water and energy management work in smart cities. We have initiated talks with civic bodies for tie-ups on these projects in the proposed ecological urban spaces. Around 55% of our revenue focus will be on smart cities initiative,” Sajiv Nath, MD, Endress+Hauser (India), told ET.

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