AIWA re-enters Indian market with Consumer Electronic Products, Plans to invest Rs 200 cr in coming years!

PRERIT CHAUHAN/ JITENDER PAL- TEN NEWS

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New Delhi: (01/08/2019) AIWA, the Japan-based consumer electronics brand is all set to make a comeback in India with its new range of project. The refreshed AIWA range was unveiled today. The company is all set to start selling Premium SMART 4K Ultra High Definition LED TVs, SMART Home Audio systems, wireless Headphones and personal audio products, with unparalleled features.



To keep up with the rapid pace of technological advancements and product development in today’s market, AIWA will introduce its unique and innovative products that promise to be simple, affordable, user-friendly, and equipped with the latest technology.

Commenting on the launch,Jeffrey Alan Goldberg representing AIWA internationally, said, “We decided to launch this great brand in India because this is one of the most dynamic markets in the world with huge potential. While there are many other products in the market, the ability of the Indian consumer to lap up the most innovative technology is unmatchable. Moreover, the sense of nostalgia when it comes to AIWA is strong here, and I am sure India will embrace the new brand identity with love and joy.”

Elaborating on their strategy for India, Manmit Chaudhry, Managing Director, AIWA India, said, “We believe in working relentlessly to provide Indian consumers with a wide choice of products with innovative, advanced features that meet specific requirements across different demographics and price brackets. This launch is the first step in that direction and will cater to the ever-evolving expectations of our target audience for simple and affordable technology products. We plan to invest approximately over Rs 200 crores in the coming years.”

Actor and singer, Dr. Palash Sen, was also present at the event to unveil AIWA’s 75″ 4K UHD Smart TV. The products being launched by AIWA include a 55″ QLED Smart TV and a 43” Ultra HD Smart TV, among six other variants. The major highlights of the LED panels include Quantum Dots Light Emitting Technology, Superlative Resolution, Quantum Smart HDR, Android OS with voice command technology to be introduced soon. Prices for the LED TVs range from Rs.7999 to 1,99,000 for the end customer.

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