Fedders Lloyd plans retail foray into India
Shares in the company ended 1.6 per cent down at Rs 119.05 in the Mumbai market.
By PTI |
MUMBAI: Cooling products maker Fedders Lloyd Corp. Ltd. said on Tuesday it plans to enter the retail segment under the 'Lloyd' brand name.
It also plans to invest 500-600 million rupees for capacity expansion of air-conditioners and other consumer electronics products, the company said in a statement.
Shares in the company ended 1.6 per cent down at Rs 119.05 in the Mumbai market.
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