CHENNAI / MUMBAI / RAJKOT - In a regulatory update as submitted to the Indian Stock Exchanges, Chennai headquartered non-durable household products manufacturing company Indo-National Ltd (Nippo Batteries) said of having announced to launch Korean Brand DORCO razors and blades in Indian market.
In a press-release titled, "Indo-National announces launch of DORCO Razors and Blades", as attached and enclosed with the regulatory filing as submitted by the company to the Indian Bourses, it further read that, the company has announced nationwide launch of DORCO razors and razor blades in India, through an exclusive distribution partnership with DORCO, South Korea.
The release further read that, Indo-National Ltd. (INL) is a leading consumer goods company with a portfolio comprising dry-cell batteries, Flash lights, LED lights, Mosquito bats and electrical accessories.
Through its subsidiaries and step down joint ventures, it has also emerged as a global supplier of composites to the railway, aerospace and defense industries.
INL has announced the nationwide launch of DORCO razors and razor blades in India through an exclusive distribution partnership with DORCO, South Korea.
INL had entered an agreement with DORCO Co., Ltd. in December, 2019 under which INL will leverage its established distribution network built over 40+ years.
This comprises of Depots and Distributors supported by wholesale & retail outlets spread across India.
In the initial phase, INL is launching DORCO products in some parts of South and North of India and over a period of time will distribute these products across India.
Founded in 1955, DORCO prides itself in having developed a series of world firsts, including the curved blade, the six-blade razor, and the seven-blade razor.
Today, the Company has become one of the most recognized shaving companies in the world, with customers in over 130 countries.
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