Fedders Lloyd to foray into retail

New Delhi, Mar 20 (UNI) Fedders Lloyd Corporation Ltd would soon enter into retail segment under the brand name 'Lloyd' with an investment of Rs 50-60 crore.

The company will also introduce new range of consumer electronics and home appliances under the same brand, a statement said today.

The investment would also meet the expansion of its existing capacity of air-conditioners and other consumer electronics.

UNI