Samsung India posts $3.5 bn turnover in 2010, sets growth target of 40% this year

HYDERABAD: The Indian arm of Korean consumer durable major Samsung posted a turnover of $3.5 billion (over Rs 15,935 crore) during 2010 and has set a growth target of 40 percent this year, a senior company official said here Thursday. Samsung India deputy managing director Ravinder Zutshi told reporters that the company achieved 58 percent growth in 2010 compared to the 2009 figure.