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Videocon plans Rs.900 crore investment in West Bengal

Friday, 19 May 2006
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Videocon Group is planning to invest Rs.900 crore in West Bengal over a period of three years. The investment would be directed towards:

  • IT Park for hardware and software units covering 40 lakh square feet in Salt Lake area at its existing project with an investment of Rs.800 crore.
  • Manufacturing of LCD TVs at its existing plant at Taratola with an investment of Rs100 crore.

The company also has plans to invest in the following projects:

  • Setting up a BPO unit near its existing facility at Salt Lake.
  • State of art electronics unit near Siliguri in North Bengal with an investment of Rs.200 crore and has acquired land of closed Kanchan food products. The company is in the process of acquiring more land and will commence work on the project with 1.5 acres of land. It will manufacture microwave ovens, sound system and other electronics items in the Siliguri facility.
  • The company is in the process of acquiring allotted 100 acres of land near Rajarhat for setting up a manufacturing unit for colour TVs.
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