News Videocon Plans New Set-Top Box Plant With 1 Million Annual Capicity

[Veer]

Videocon Industries will set up a
new set-top box manufacturing
unit with an annual capacity of one
million by the end of this year.
"We will set up another plant that
will have a production capacity of 1
million units annually by end of
2014. We want to do more. We
have not decided but we are
evaluating either setting it up in
Punjab or Madhya Pradesh,"
Videocon Industries Director
Anirudh Dhoot told PTI in an
interview.
Dhoot said it is easy to produce
STBs in India because of new
production technologies and
equipments.
Videocon d2h, the DTH arm of
Videocon group, is one of the
fastest growing Direct-To-Home
service providers in India.
The Budget 2013-14 presented by
Finance Minister P Chidambaram
proposed a hike in import duty of
set-top boxes from 5% to 10%, a
move which gave a level-playing
field to domestic manufacturers in
terms of price compared to
importers.
Industry body Consumer Electronics
and Appliances Manufacturers
Association (CEAMA) estimates the
total demand for set-top box (STBs)
would be about 60 million and
turnover of overall STB segment
would be around Rs 9,000 crore in
2014.


More Info read here
Business Standard

 

[Bharath Kumar G]

It is a good move by Videocon which will help the industry in general, my expectation however is to see if they make the STB's in the same quality and technology or will manufacture to world standards that can benefit all the indian DTH players and its customers, will be a cost effective option than to import as a whole unit.

Sent from my Nexus 7 using Tapatalk

 

[IndianMascot]

Impressive. They are now moving out of Maharastra to another state to setup another STB manufacturing unit in other states.

 

[Deep Patel]

I would be happy if they improve STB quality...otherwise it's of no use. Till now i can't understand why they are making these craps...Due to their inferior STBs they always face many problems during updates and other process..!!