Videocon has announced an investment of Rs 500 crore for setting up a mobile Handset assembly Plant in Punjab.Addressing the ” Progressive Punjab Investors ‘ Summit”, Anirudh Dhoot , Director,Videocon , announced that the investment quill be made over the next three years to assemble mobile handsets along with the manufacturing of set- top boxes.
With such futuristic step, the company aims to generate 3,000 openings in Punjab, thus creating a platform for skill development and give impetus to the growth of the economy.
“We are happy to announce that Videocon would be setting up a Mobile Assembly plant in Punjab. I have visited several States, but the speed of progress, development and treatment given to industrialists in this State is par excellence,” said Anirudh Dhoot, Director, Videocon.