Garmin Picks AMIT International As Exclusive Distributor For India
Portfolio Pulse from Benzinga Newsdesk
Garmin Ltd. (GRMN) has chosen AMIT International as its exclusive distributor for India. This move is expected to expand Garmin's reach in the Indian market.
October 30, 2023 | 11:13 am
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POSITIVE IMPACT
Garmin's decision to appoint AMIT International as its exclusive distributor for India could potentially increase its market share in the region.
Garmin's partnership with AMIT International is a strategic move to expand its market reach in India. This could potentially lead to an increase in sales and revenue, positively impacting its stock price in the short term.
CONFIDENCE 80
IMPORTANCE 70
RELEVANCE 100