January 10, 2024
1 min read

Blaupunkt Aims Big in India

The company also mentioned that it aims to double down and deliver through more such strategic partnerships and investments in the upcoming future….reports Asian Lite News

German electronics brand Blaupunkt on Tuesday announced that it partnered with Amazon India as its new e-commerce partner and aims to capture a four per cent market share in the country by FY2024-25.

“With this collaboration, the company envisions FY24-FY25 as a crucial year as they aim to capture a four per cent market share and set themselves as the leading television brand in India,” the company said.

The company also mentioned that it aims to double down and deliver through more such strategic partnerships and investments in the upcoming future.

“Our exclusive partnership with Flipkart marked a successful reentry, and now, as we envision FY24-FY25 as pivotal, we aim to elevate our market presence by four per cent. Looking ahead, we are committed to doubling down on strategic partnerships and investments,” Avneet Singh Marwah, CEO of SPPL exclusive brand licencee of Blaupunkt TVs in India, said in a statement.

“We are expanding our supply, increasing local production, and ensuring widespread distribution to meet the escalating demand for Blaupunkt’s products in India,” he added.

With this partnership with the e-commerce giant, the company said it will increase its visibility and ensure a positive and hassle-free shopping experience for its customers everywhere.

The Blaupunkt and Amazon collaboration is expected to provide its consumers seeking luxurious and reasonably priced technologies, with a smoother shopping experience, the company added.

ALSO READ: India Shifts Gears for 2030 Electric Horizon

Previous Story

How Google Trends Reflects Concerns on Inflation

Next Story

Apple Ships Rs 65,000 Cr ‘India-Made’ iPhones

Latest from Business

‘India’s Digital Hub Ascends’

The event also featured discussions on the Quad Partnership for Cable Connectivity and Resilience, reiterating commitments made during the July 1 Quad Foreign Ministers’ Meeting India’s growing role as a key digital

India’s Job Market Surges

With hiring levels on the rise, compensation is expected to increase by 12-15% in metro cities and by 18-22% in emerging cities India’s festive season this year is poised to create more

India Inc Eyes Upswing

Private equity (PE) remained comparatively stable in Q2, clocking 357 deals worth $7.4 billion — the second-highest volume since Q4 2022. However, deal values dipped on a quarter-on-quarter basis due to the

Apple Appoints Sabih Khan as New COO

Khan will take over from Jeff Williams, who is stepping down from the role this month and will retire later this year…reports Asian Lite News Apple has announced that Sabih Khan, an
Go toTop