Alpine Electronics targets 60 per cent growth

Mumbai, Aug 29: With a view to tap the Indian market, Japan-based Alpine Electronics, which manufactures electronic equipment for automobiles, launched a unique '2006 range' of products, here today.

The company has appointed Supreme Hi-Fidelity as its licensee, marketer and distributor for the Indian market.

Briefing the media the Director of Supreme Hi-Fidelity, Anil Khanna said, ''The company has recently opened it's exclusive showroom in Delhi and has plans to open another two, one each in Mumbai and Bangalore soon''.

We have got OEM (original equipment manufacturing) understanding with car-manufacturing companies like Skoda, General Motors, BMW and Honda and hence enjoy 30 per cent of market share in the OEM sector within the country, he added.

UNI