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Haier India acquires Daewoo Anchor Electronics

The Indian operations of $13.9-billion Chinese consumer durables major Haier announced the acquisition of Daewoo Anchor Electronics in India.Daewoo Anchor’s facility, spread over 40 acres in Ranjangaon, Pune, manufactures refrigerators, colour televisions and washing machines. Haier plans to upgrade...
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Expect demand moderation to continue; small packs selling more, price hikes likely: HUL

While premiumisation is continuing, he said, "There is a preference for smaller packs across categories and that has become...
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