Videocon, Akai join hands

By Mohini Bhatnagar | 20 Mar 1999

1

The Videocon group has formed Akai India, a 30:70 joint venture with Akai of Japan to sell a wide range of products from the Japanese company. The product range will include high-end as well as mass-market products.

The venture is expected to begin with a capital of Rs 100 crore. Manufacturing operations for colour TVs will be located at the Philips India plant at Salt Lake, which is in the process of being acquired by Videocon. Production of other products, including refrigerators, washing machines and air-conditioners, will be undertaken at Videocon''s existing facilities.     Akai earlier had a tie-up with Baron International, which is now selling Akai rival Aiwa''s products in India.

Business History Videos

History of hovercraft Part 3 | Industry study | Business History

History of hovercraft Part 3...

Today I shall talk a bit more about the military plans for ...

By Kiron Kasbekar | Presenter: Kiron Kasbekar

History of hovercraft Part 2 | Industry study | Business History

History of hovercraft Part 2...

In this episode of our history of hovercraft, we shall exam...

By Kiron Kasbekar | Presenter: Kiron Kasbekar

History of Hovercraft Part 1 | Industry study | Business History

History of Hovercraft Part 1...

If you’ve been a James Bond movie fan, you may recall seein...

By Kiron Kasbekar | Presenter: Kiron Kasbekar

History of Trams in India | Industry study | Business History

History of Trams in India | ...

The video I am presenting to you is based on a script writt...

By Aniket Gupta | Presenter: Sheetal Gaikwad

view more
View details about the software product Informachine News Trackers