Chandigarh, October 10, 2016: With a vision to constantly enhance the panel quality, Videocon, the leading consumer electronic and home appliances company, has signed a Memorandum of Understanding (“MoU”) with BOE Technology Group in the presence of Mr. Arvind Panagariya, Vice-Chairman, NITI Aayog and Mr. Xu Shaoshi, Chairman, National Development and Reform Commission. This association that was announced during the Fourth India China Strategic Economic Dialogue, is aimed at positioning Videocon as a market leader offering world-class panels.
BOE Technology Group is a leading display solutions that provides a digital and smart life to its fullest by enabling internet of things technologies, products and services. Being the pioneers in innovation and development of TFT-LCD technologies, it has dedicated itself to speeding up the progress of new display devices like flexible display, augmented reality, and virtual reality.
On the occasion, Mr. Abhijit Kotnis, Chief Manufacturing and Procurement Officer, Videocon said “We are happy to partner with BOE to offer unparalleled products in the consumer electronics and home appliances category. With a prime focus to provide user-centered smart manufacturing system for display sets, and solutions of internet of things, BOE and Videocon will together work on improving the Panels in TV and mobile phone in order to enrich and redesign the visual experience of the customers.”
About Videocon Group
Videocon Group is a global business conglomerate with a strong presence in Household Consumer Goods, Mobile Handsets, DTH, Retail, Oil & Gas, and the Power sector.
Videocon group has constantly leveraged a culture of innovation to develop a range of market re-defining products. The Group has 7 manufacturing facilities and 3 R&D centers spread across the globe that are constantly working towards creating global quality products deploying the most up-to-date technology.
Videocon has one of the largest distribution networks in India with a nation-wide presence of more than one lakh dealers.