The yet unnamed joint venture company will sell its products through Eveready’s distribution network. Universal Wellbeing is a leading consumer goods company in South-east Asia, Eveready said in a statement. In India, the yet unnamed joint venture company will sell its products through Eveready’s distribution network. Asked if the company is going to manufacture its products locally in India, Khaitan said it is not immediately clear. With the economy growing and incomes rising, India presents “immense potential” for growth, the Eveready statement cited Annie An, a director at Universal Wellbeing as saying.

Source: Mint January 24, 2018 15:00 UTC