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Fedders Lloyd to foray into retail

By Staff

| Published: Wednesday, March 21, 2007, 9:01 [IST]

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