ETA
Star Appliances Private Limited (ESA), incorporated in 2007, is
an initiative of ETA General Private Limited which is a
part of ETA
– Ascon Group a $4 billion conglomerate.
ETA General Private Limited (EGPL) is a Joint Venture of
ETA
ASCON Group, Dubai and Fujitsu General Limited, Japan
which brought the famous “Extreme Machine” – Air
conditioners to Indian market. In a span of 5 years, ETA General
has established the brand as the best available premium product
in the market with its quality and service.
ETA
- Ascon group is one of the biggest multinational corporation
with 21 offices worldwide and an annual turnover of US
$ 5 billion. It has major business interests in Trading
& Shipping, Electromechanical Contracting, Elevator business,
Construction & Manufacturing in the U.A.E.
ESA enters the market with an agenda of offering world class brown
and white goods for Indian market. As its first approach to Indian
market ESA launched VESTAR brand of High Definition LCD Televisions
which is available across India from the end of January 2008.
ETA Star Appliances will distribute the Indesit range of appliances
in the Indian market from April’2008.
Indesit Company is Europe’s second largest manufacturer
of household appliances by market share and the world’s fifth. Founded
in 1975 by the current chairman Vittorio Merloni and listed on the
Milan stock exchange since 1987, the Group posted sales of over
€3 billion in 2007, having turned out over 15 million appliances.
Indesit Company operates through 18 production facilities and 24
commercial branches worldwide and employs over 17,000 people.
This will be followed by Washing Machines, Refrigerators, Air-conditioners,
and Kitchen Appliances by end of March ’08. All products will cater
to the premium segment customers across India. |