DANISH FIRM IN INDIA: A S Velfrost, a US $200-million Danish freezer and deep freezer manufacturer, is considering India as a possible manufacturing base, its first outside Denmark. According to executives, a deal is being negotiated with Blue Star India for a joint venture. However, the plans have not taken off yet because neither companies have found market conditions encouraging. "We would like to have a production unit with a minimum capacity of one lakh units per annum,' said Ole Miller Jensen, sales director of the Danish firm.