German consumer electronics brand Telefunken will make a foray into the Indian market by this month as it introduces its range of LED TVs.
Frankfurt-based Telefunken Licenses GmbH, which owns the trademark rights of the company, will enter India with a local partner.
Telefunken is brought in India by Japan-based Toyoichi Tsusho Co, which in May acquired the right to use the brand.
"Telefunken Licenses GmbH plans to enter the Indian market, which has a fast growing consumer durables market in the second most populous country in the world, by the end of this month with its new local partner," said a statement.
Commenting on the development, Telefunken Licenses GmbH Managing Director Christian Mayer said,"it is an important step on our path to bring Telefunken products to new regions."
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