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Haier India acquires Daewoo Anchor Electronics

Indiaretailing Bureau - August 11, 2007

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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