Toshiba to put up a manufacturing facility in India
By siliconindia staff writer | Wednesday, 17 December 2003, 08:00 Hrs
CHENNAI: Global Television Major, Toshiba, is planning to put up a manufacturing facility in India in the next 18 months but the location and other details are yet to be finalised, a top official of the company said on Wednesday. Presently, the components, chasis and designs were being imported from Japan and being assembled in India, Toshiba country manager Rajesh Gupta told newsmen after the inauguration of the first exclusive premier TV showroom for India in Chennai. Toshiba manager (international sales and marketing department) Naoji Sakuma said the company sold six millions colour TV sets in the world during last year registering a turnover of $3-4 billion in colour TV segments. "This year, we expect a 20 per cent growth globally," he said. The company would introduce new models in India where it started operations two years ago. During this financial year, nearly two lakh colour TV sets would be sold in India, including 2500 big screen 'projection TV sets', he added. Replying to questions, Gupta said the company was planning to open 25 exclusive premier showrooms in India before the middle of next year, including seven more in the south. The locations included Delhi, Mumbai, Kolkata, Pune, Ahmedabad, Surat, Bangalore (two), Kochi, Thiruvananthapuram, Hyderabad and one more in Chennai.