CEO Message
“This year marks a milestone in the
history of Videocon with the acquisition of the complete
Colour Picture Tube operations of the Thomson group
and the Indian operations of AB Electrolux, Sweden.
Further subscribing to their faith in Videocon, Thomson
and Electrolux bought about 15% and 5% stake respectively
in Videocon Industries Ltd., our flagship company
having a market capitalisation of around USD 2.5 billion.
The group today is one of the largest
manufacturers of Colour Picture Tubes and Glass shells
from state of the art units in Mexico, Italy, Poland,
India and China which form the backbone of many Colour
Television manufacturers around the world.
Our Oil & Gas operations contribute
to India’s ever growing demand for energy and developmental
needs.
Our strategy continues to drive the
fast changes in the technology and markets, but our
foundations remain rock-solid. These directives are
value systems that nurture the growth and the progression
of the corporate, essayed by a multi-stage process
consisting of pruning of the business portfolio and
management processes, identifying new business opportunities
and creating innovative products, keeping in tune
with changing needs and adapting to its demands.
Videocon group is more ready than
ever for further expansion and serving to continue
spreading happiness to millions of people around the
world through its products.”
Venugopal N Dhoot
Chairman
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Venugopal N Dhoot
Chairman
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