Bajaj Electricals has announced a
strategic alliance with Italy's Nardi Elettrodomestici S.p.a to launch Bajaj
Nardi brand of home appliances in India.
Bajaj Nardi is eyeing 25 per cent
market share of the premium gas hobs and chimney market. The exclusive alliance
in the first phase will sell stoves and chimneys, ovens and microwaves in the
second phase, and will look for tie-ups for modular kitchens in the last phase.