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Vista and AUX Partner to Manufacture Air Conditioners in Bangladesh for Local and Global Markets
Bangladesh/Asia: Vista Electronics Limited, a fast-growing Bangladeshi brand, has signed a joint venture agreement with China’s AUX, the world’s fastest-growing air conditioner company, to manufacture AUX brand ACs in Vista’s factory in Bangladesh. The air conditioners will be sold in the local market and exported globally. The venture aims to boost local employment and bring technical support from AUX. Vista’s new factory at Hi-Tech Park in Gazipur will produce both Vista and AUX brand ACs."
Source: Observed BD
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