Fedders Lloyd to introduce new range of consumer electronics under 'Lloyd' brand

Fedders Lloyd Corporation Ltd has announced that the Company would formally be announcing its entry in Retail Segment under the brand name 'Lloyd'. The Company would also be introducing new range of consumer electronics and home appliances under the brand 'Lloyd'.

For the said purpose, the Company intents to invest Rs 50-60 crores towards the expansion of its existing capacity of air-conditioners and other consumer electronics.

Source : Equity Bulls

Keywords