Strategic partner unlikely now for Whirlpool India: Group CFO James Peters

Whirlpool Corp plans to reduce its stake in Whirlpool India from 51% to 20%, allowing the Indian entity more investment autonomy while retaining long-term branding and technology agreements. The decision aims to focus on growth and market penetration in India. Whirlpool India may also outsource support functions to streamline its resources towards product development and marketing.

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