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JVC set to enter Indian markets

Singapore-based JVC, which is amongst the top players in the audio-video segment in the world, is now making an entry into India with Bombay-based Elan Electronics Pvt Ltd. JVC is to come out with a new electronic product that will be offered at reasonable rates.

Ramesh Tandon, senior president of Elan Electronics told mediapersons on Monday that the company has one unit at demand and five other units would be set up within two years, located at Bangalore, Cochin, Delhi, Pune and Ahmedabad.

The company has an investment of around Rs 100 crore and its further investment would be around Rs 4-5 billion in the next few years for expansion projects.

Meanwhile, George Mathew, director of JVC also stated that in personal entertainment, both at home and on the move, JVC'S innovations have opened up a new world of excitement and imagination.

From creating and recording, to storing and play back, JVC products are now available in the Indian electronic markets including Bombay, Delhi, Calcutta and and other centres.

Backed by these innovations and advanced technology, JVC sees an opportunity to expand its global presence and introduce to Indian markets, the latest technology in line with the corporate credo contributing to culture and serving society through one of its most trusted partners, namely Elan.

UNI

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