People in Electrolux need to understand what’s going on
On inquiring about how important is the Indian market, Hans affirms, “The Indian market is very important and since it is developing very fast a lot of companies are getting attracted and are investing here.” He agrees that Electrolux is “not there yet” in the country. That’s one reason why Electrolux has entered into a partnership with Videocon, where the latter owns the brand in India. Electrolux provides back end expertise and Videocon is in charge of execution.
Source: IIPM Editorial, 2006
An IIPM and Management Guru Prof. Arindam Chaudhuri's Initiative
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