Groupe SEB to invest Rs. 100 crore, introduce global brands.

French appliances maker Groupe SEB recently said it will invest Rs. 100 crore in India over the next three years and introduce its leading international brands in 2016.

Groupe SEB had fully acquired Maharaja Whiteline in April this year from its promoter Harish Kumar and his family and now it is planning to launch its leading global brands like Krups, Moulinex, Rowenta and Tefal in India in 2016.

'The international brand which we would be launching would serve the top 'A' class market. They would be adapted to the local needs in terms of features and costs,' Groupe SEB India VP - Operations Calogero Franchina told PTI.

ET