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Wednesday, January 24, 2001

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 India's
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M&M Intertrade to market Lego toys in India
Our Corporate Bureau
Mumbai, Jan 23 : Mahindra & Mahindra Intertrade Ltd, a subsidiary of Mahindra & Mahindra Ltd (M&M), has undertaken marketing and distribution of Lego toys in India.M&M Intertrade managing director RR Krishnan informed that Intertrade will build the Lego presence across top 23 cities in India in the next one year which will be increased to 50 cities in another one year. Mr Krishnan added that Lego was taken up for distribution as toys is a rapidly growing consumer market. He did not specify the market size the company was looking at but added that construction toys, where Lego is the market leader, accounts for 15 per cent to 20 per cent of the total Rs 350 crore toy market. Copyright © 2001 Indian Express Newspapers (Bombay) Ltd.
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Copyright 2001: Indian Express Newspaper(Bombay) Ltd. All rights reserved throughout the
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