Videocon Industries, part of the Videocon Group, is reportedly planning to set up a new set-top box manufacturing unit with an annual capacity of 1 million by the end of 2014. This new manufacturing unit will either be set up in Punjab or Madhya Pradesh. The company has already increased its production capacity of existing STB plant from 7 lakh to 10 lakh during the festival season last year. Now it plans to set up a new plant.
Videocon Industries, established two decades ago, is a global conglomerate with market capitalization of $2.5 billion. Videocon’s businesses’ consists of manufacturing, marketing and distribution of consumer electronics products and oil & gas extraction.
Videocon Industries, established two decades ago, is a global conglomerate with market capitalization of $2.5 billion. Videocon’s businesses’ consists of manufacturing, marketing and distribution of consumer electronics products and oil & gas extraction.
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