Videocon Group: Difference between revisions

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Revision as of 19:47, 23 May 2008

Videocon Industries
Company typePrivate Conglomerate
IndustryConsumer Durables, Oil and Gas etc.
GenreConglomerate
Founded1987
FounderIndia Nandlal Madhavlal Dhoot
Headquarters,
Area served
Consumer Electronics
Home Appliances
Components
Office Automation
Internet
Petroleum
Power
Key people
Mr. Venugopal Dhoot
RevenueIncrease U$4.1 billion
Increase U$276 million
OwnerMr. Venugopal Dhoot
Websitehttp://www.videoconworld.com

Videocon is an industrial conglomerate with interests all over the world and based in India. The group has 17 manufacturing sites in India and plants in China, Poland, Italy and Mexico. It is also the third largest picture tube manufacturer in the world. [1] [2]

Corporate Profile

The Videocon group has an annual turnover of US$ 4.1 billion, making it one of the largest consumer electronic and home appliance companies in India. Since 1998, it has expanded its operations globally, especially in the Middle East.[3]

Today the group operates through three key sectors:


Consumer Electronics

In India the group sells consumer products like Colour Televisions, Washing Machines, Air Conditioners, Refrigerators, Microwave ovens and many other home appliances, selling them through a Multi-Brand strategy with the largest sales and service network in India.

Colour Picture Tube Glass

Videocon is one of the largest CPT Glass manufacturers in the world, operating in Mexico, Italy, Poland and China.

Oil and Gas

An important asset for the group is its Ravva oil field with one of the lowest operating costs in the world producing 50,000 barrels of oil per day.

References

  1. ^ "Tube Opportunist". Forbes.com.
  2. ^ "Videocon Industries".
  3. ^ "Tube Opportunist". Forbes.com.