Future Plans
The Future is here
To strengthen and maintain & its leadership status,
the Videocon group has clearly charted out its course
for the future. Aggressive development is in full swing
at the R & D Centres to bring out state-of-the-art
technologies including True Flat, Slim, Extra Slim,
Plasma & LCDs, at the earliest.
Cost rationalization processes - are in various stages
- including rationalizing factories in Europe, increasing
automation and improvement of efficiency in China, accessing
flass shells from India for international CPT facilities
and a lot more - are in various stages of implementation.
Internationally all existing client relationships are
being strengthened. The cost competitiveness and increase
in capacity in Mexico and Polland has opened up big
opportunities in the OEM business.
Last but not the least, in the domestic market consolidation
with multiple brands paves the way for an unassailable
lead in the market.
In the Oil & Gas business, having all the basic
operator capabilities of a prospecting entity, the group
is looking to add more explorations and production depth
as also oil bearing assets. The group will also get
into gas distribution in India siginificantly.
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