R
& D
The company gives
utmost importance to the R & D activities, which
are carried out, at in-house R & D center. The
company carries on new innovations in product development,
cost reduction, quality improvement, process implementations,
process controls.
1) Specific areas in which R &
D is carried out by the company
During the year, the company has carried out Research
and Development in the following areas.
- Home theaters - High-end models and HTIB Models.
- Larger Screen Television i.e. 32 inch and 38inch.
- True Flat Televisions
- Plasma Televisions
- Cosmetic design and new out look to the TVs
- Manufacturing of components for CTV, Refrigerators
and Air conditioners.
- Efforts to reduce power consumption of all its
final products.
2) Benefits derived as a result
of the above R& D.
The company has derived the following benefits as
a result of the Research and Development:
- Development of new design in product and launch
of various new models.
- Able to compete with the foreign players in the
Indian Markets by cost reductions and offering innovation
features and to maintain market leadership in Television
under Videocon umbrella.
- Increase in Productivity.
- Reduction in power consumption of some of the
products.
3) Future Plans of action
In the coming days company is aiming to achieve development
in the following areas through Research & Development:
- Manufacturing of components for consumer Electronics
Products.
- Multimedia TV.
- Plasma Televisions.
- Launching of New Brands & Sub-brands under
Videocon umbrella.
- Composite Home Entertainment system with internet
adaptability.
- To work on better features, better quality &
improved reliability with reduced/low prices.
Your company always attempts to use
the latest and advanced technology in production process.
Keeping pace with the technological developments,
the company keeps on adding sophisticated equipments
with focus on automation to minimize manual intervention
in the manufacturing process thereby ensuring quality
of the final products.
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