Wednesday, Oct 9 2024 | Time 23:55 Hrs(IST)
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Business Economy


Korean iconic brand Daewoo enters M'rashtra market

Mumbai, Nov 20 (UNI) Daewoo, owned by the South Korean conglomerate, has entered the Maharashtra market with its innovative products.
It will soon launch a complete range of power and energy storage products including inverters, solar batteries, automotive batteries, lubricants, electronics and home appliances.
Daewoo has formed a strategic partnership with Kelwon Electronics and Appliances Private Limited, based in Gurgaon led by Mr H S Bhatia, a press release said here on Monday.
Mr Chan Ryu, director, Daewoo India Operations, emphasised that the rapid growth of the Indian market serves as the primary motivation for their decision to enter this dynamic landscape in north, western and later in southern market.
UNI JM SS
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