Published On:October 14 2014
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Chinese lighting company Opple enters Indian market, sets up first retail store in Chennai.
Chinese lighting solutions company Opple Lighting has entered the Indian LED lighting market with the launch of its first retail store in Chennai.
The Rs. 3,000-crore company has a presence in over 50 countries and provides lighting solutions for both retail and commercial users.
Opple plans to invest about Rs. 60 crore for its India operations, primarily for brand building and marketing. The company plans to set up 50 exclusive brand outlets and about 400 shop-in-shop stores over the next three years, according to Opple Lighting India chairman S Venkataramani.
TOI