Jagan Lamps Enters Into Joint Agreement With Namyung Lightning, Korea
Jagan Lamps Limited entered into a new joint venture Agreement with Namyung Lighting Company Limited, Republic of Korea for selling of EAGLEYE brand Automotive Halogen Lamps in INDIA OEM, India aftermarket and DES and purchasing of JAGAN products by NAMYUNG in Korea.
“The company has signed a Joint Venture agreement with Namyung, a Korean based Company for the purpose of developing or up gradation of production process and quality control of new products of the Company.”
Mr H.C. MOON, CEO of Namyung Lighting Company Limited, said, “This Joint Venture opens new opportunities for a bright future for Automotive Halogen lamps in INDIA. In Jagan Lamps we have found a reliable partner whose excellent production quality is proven by decades of experience in manufacturing of Automotives Halogen lamps.”
On the other hand, Mr. Ashish Aggarwal, Managing Director of Jagan Lamps Limited said, “It’s a matter of great pride & honour for us that Namyung Lighting Co., LTD. has chosen to partner with Jagan Lamps not only for selling of EAGLEYE and JAGAN brand but also optimum and best utilization of resources of both the companies for production, quality control, Research and Development & Marketing etc.”