1847 Holdings Assists Its Subsidiary, Wolo Manufacturing Corp, Expand Into India Through Its Supply Chain Diversification Program
Portfolio Pulse from Happy Mohamed
1847 Holdings LLC (NYSE:EFSH) has announced that its subsidiary, Wolo Manufacturing Corp., has expanded into India through the company's supply chain diversification program. The move is aimed at building a more resilient and sustainable supply chain for 1847's portfolio companies. Wolo is a leading manufacturer and distributor of vehicle horns and safety products.
September 01, 2023 | 12:35 pm
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1847 Holdings' expansion into India through its subsidiary could potentially boost its revenues and diversify its supply chain, reducing reliance on a single source.
The expansion into India, a rapidly growing economy, could open up new markets for 1847 Holdings and its subsidiary, Wolo. This could potentially increase their revenues. Additionally, the diversification of the supply chain could reduce their reliance on a single source, making their operations more resilient to disruptions.
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