Videocon Industries is planning to set
up a liquid crystal display (LCD) panel manufacturing unit in Italy. The project
will entail an investment of Rs.6,100 crore.
The facility to be spread over 150
acres of land will have an annual capacity of 5.76 million LCD panels -
four times its current production in Italy. The company started the first line
of production in 2005 while the third production line for plasma televisions and
air conditioners commenced in 2007.
Also See:
Videocon Group
plans nine SEZs (19-Sep-06)
iiaproj