Japan’s
Sharp Corporation has planned to invest Rs.100 crore over the next three years
in its joint venture company, Kalyani Sharp India Ltd, located at Pune in
Maharashtra. The investment would be used to step up production of colour
televisions and video recorders.
This
investment is expected to double the company’s turnover to around Rs.600 crore
over the next few years. Sharp has a majority holding of 51 per cent in the
joint venture company.