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Japanese consumer brand Akai has re-entered the Indian market and has tied up with a local Indian electronics distributor to begin sales.
The company, which enjoyed sizeable operations here in the late nineties through its range of televisions and home theatres, will be retailed by the ParasGroup that has brought the license rights for the Indian market.
Paras Group has a turnover of around Rs 600 crore as it is a key distributor for companies such as Sony, LG, Nikon and Daikin. The company will be sourcing product kits from Taiwan and China and assembling them locally in the country. The company owners said, the high-end high-end products are being fully imported.