TCL announces expansion plans for India
23 April 2007
23 April 2007
TCL, China''s consumer electronic major, has announced
major growth plans for India, including network expansion
and doubling of after-sales-service centres.
"After China, India is the most important market for us. We plan to expand our network and double our dealer network and after-sales-service centres by 2010 as well as strengthen our presence in the southern region by innovative product offerings," Warren Wang, MD, TCL India Holdings Private Limited, said in a statement.
TCL also unveliled a range of colour televisions and air-conditioners for the Indian market.
The new TCL range of colour television comes with new features and a starting price tag of Rs8, 490.The new range of products are also designed to withstand wide voltage fluctuations ranging between 187 and 240 volts, enabling them to work efficiently in Indian conditions, he said.
TCL entered the Indian market by setting up a 100-per cent subsidiary, TCL India Holdings Private Limited, in 2004. The company currently has 21 branches, 500 dealer networks and 120 after-sales service centres across the country.
TCL India Holdings Pvt Ltd, a wholly owned subsidiary of TTE, has been operating in India for more than ten years It has more than 400 employees in India, including 50 R&D scientist and engineers.
Based in Shenzhen, China, TTE (TCL-Thomson Electronic) has net assets of Euro 430 million, with TCL International, holding a 67 per cent stake and Thomson holding a 33 per cent stake. TTE employs a highly-skilled workforce of over 29,000 personnel in five profit centers, five R&D centers and ten manufacturing plants around the world.