A sudden reduction in the Central government subsidies, penalties for non-compliance with the subsidy norms, uncertainty about continuation of the subsidies post March 2024 and the absence of a stable government policy on EVs are the critical concern
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Daewoo: The Korean technology automotive batteries cover a comprehensive range, including car, truck, tractor, and bus batteries. They boast of high cranking performance, calcium-tin, and calcium-silver maintenance-free technology, and a durable and robust design for Indian road conditions, the company said.
South Korean brand Daewoo has entered the Indian consumer electronics market through licensee partner Kelwon Electronics & Appliances. Kelwon plans to invest approximately INR 300 crore ($40 million) over the next three years. The company will introduce Daewoo products in the energy and power, and consumer electronics sectors, adopting a twin brand strategy.
South Korean brand Daewoo has entered into fast-growing Indian consumer electronics and appliances market through its licensee partner Kelwon Electronics & Appliances, which has plans to invest around Rs 300 crore in the next three years.
Kelwon, which sells products, including Lithium