What is the History of videocon company?

Answer 1

History of Videocon

Videocon is an Indian multinational with interests in Consumer

Electronics, Home Appliances, Colour Picture Tube Glass, and Oil &

Gas. Videocon was founded in 1987 by Nandlal Madhavlal Dhoot. At

that time it used to manufacture TV and Washing Machine. In 1989-

90, Videocon started manufacturing Home Entertainment Systems,

Electric Motors & AC. Videocon entered Refrigerators and coolers

segment in 1991. In 1995, Videocon started manufacturing Glass

shells for CRT and in 1996 it ventured into Kitchen appliances and

crude oil segment. In 1998, Videocon started manufacturing

Compressors & Compressor Motors. In the year 2000, Videocon

tookover Philips Color TV Plant. In 2005, Videocon tookover 3 plants

of Electrolux India and acquired Thomson CPT. Today, it has

evolved into a giant conglomerate with annual revenues of over

U$4.1 billion.