Daewoo

South Korean enterprise Daewoo, known for its earlier presence in India with cars like Cielo and Matiz, is embarking on a strategic return to the country.

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The company has partnered with Gurugram-based Kelwon Electronics and Appliances, which has experience and capabilities in manufacturing, marketing, and selling Daewoo products in India.

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The huge opportunities in India’s energy and power market, valued at over $100 billion, and the consumer electronics market, represent a $20 billion potential.

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YS CHOI

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Daewoo made its debut in the Indian market in 1995 with the introduction of the Cielo, followed by the Nexia and Matiz models.

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What are Daewoo’s plans with Kelwon Electronics?

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