2005: Bang & Olufsen, (2003-04 financial year turnover,
Euro 486 million) the Denmark-based global leader in high
quality, high end home entertainment systems launched
its first retail outlet in India at the shopping plaza
of the Grand Hyatt in Mumbai.
Odgaard, director overseas operations, Bang & Olufsen,
presented a special BeoSound 9000 and BeoLab 8000 as a
memento to Dr Vijay Mallya, UB chairman, and a music aficionado
to mark its launch.
& Olufsen has a long history in the audio industry
and vast expertise in music system, television, telephones
and loudspeakers, with a reputation of bringing to the
market 'next generation' products,
at the inauguration of the outlet, Odgaard said, "Among
all the emerging markets in the world, the Indian market
is the most promising and has immense potential for high-end,
aspirational products like those offered by B & O.
Our stylish and classic products offer a wide range of
features that will secure our place as the only true multi-functional
entertainment device on the market today suited to needs
of the Indian Consumer."
Ramsingh, managing director, Bang & Olufsen, India
said, "We are delighted to bring B & O's high-end
luxurious products to India. Our world class designs will
attract Indian consumers who have always admired good
quality products. We are confident that B & O will
soon make its mark in Indian market as it has done world-wide."
in 1925 in Struer, Denmark, Bang & Olufsen acoustic
systems are renowned for a distinctive range of quality
consumer electronic products. The Bang & Olufsen Group
manufactures a range of televisions, music systems, loudspeakers,
telephones, medical, and multimedia products.