Callaway Golf Company (NYSE: ELY) announced today the formation of the Spain of Callaway Golf, a new subsidiary, which established a direct presence in one of the fastest growing markets in the picture golf world. The company also announced an agreement with Jeev Milkha Singh, the highest ranking player in India the world, Callaway Golf equipment has played for years and now serves as ambassador of India Callaway Golf.
With a population of over one billion people, India offers a growing golf industry, which has recently been a significant increase in the number of golf courses have enjoyed a growing number of new and avid golfer. Thanks to Indian pioneers such as Jeev Milkha Singh, golf professional in India is also an important step forward and the level of interest to young upwardly mobile professionals.
Callaway Golf Company India enters the impressive formation of subsidiaries outside the United States, Europe, Japan, Canada, Korea, Australia and China have been eliminated. These international strengths, allowing the company to ensure distribution of their products in major markets around the world directly and are an important element in the development and success of Callaway Golf.
In pursuing the aim of contributing to key stakeholders, senior managers at the launch events of Callaway Golf in many large cities in India. Also participating is Mr. Vivek Mehta, who was appointed by Callaway Golf to carry out operations in the territory of India.
Callaway Golf Company sells its products to retailers of golf (also in stores in the golf courses and discount stores in progress), sporting goods dealers and mass merchants, directly or through subsidiaries and third party distributors.
The company, which also sells golf accessories such as bags, gloves, footwear, said the GPS equipment, golf and lifestyle apparel, golf hats, glasses, golf towels, golf umbrellas, will begin accepting pre -equipment orders in January 2010 and will begin shipping products by the end of February 2010 in India.
Through an unwavering commitment to innovation, Callaway Golf Company (NYSE: ELY), products and services designed to make every golfer a better golfer. Callaway Golf Company manufactures and sells golf equipment and golf balls and golf accessories under the Callaway Golf sold? Odyssey, Top-Flite and Ben Hogan; Chips in over 110 countries worldwide.
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