Fedders Lloyd and Victor Company to invest $ 30 million in India

New Delhi, Dec 3: Fedders Lloyd Corporation Ltd and Victor Company of Japan Ltd today said it will jointly invest 30 million dollars in the Indian consumer electronics market, boosting the Indian firm's shares.

JVC which will sell televisions and audio systems in the country, plans to expand its sales by more than 200 million dollars by 2010, the companies said in a joint statement.

UNI