Daewoo's Ambitious Re-entry: Targeting Rs 500 Crore Revenue in India by FY27

Korean brand Daewoo aims to achieve Rs 500 crore revenue from its India operations by FY27. It plans to launch 100+ products and open 130 branded stores by 2025-26. The company is targeting growth in India's consumer durables market by offering innovative solutions to meet evolving demands.

On Tuesday, Korean brand Daewoo announced its target of Rs 500 crore revenue from India by FY27, planning to launch over 100 products across various categories to achieve this goal.

The company aims to open 130 branded stores by 2025-2026, marking its strong presence in the Indian market once again since its re-entry in October last year.

Positioning itself to bridge the gap in the underpenetrated consumer durables market, Daewoo sets its sights on meeting the evolving needs of Indian consumers with innovative, high-quality products.

(With inputs from agencies.)