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 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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