Dehra Dun, 5 September Weston, the consumer electronics brand of Dixon Technologies, would soon set up an LCD television manufacturing unit here with an investment of Rs 20 crore.
The facility, which would be set up on two lakh square feet area in Selaqui area, would be the first of its kind in the country. No other company has a manufacturing unit for LCD TVs in India, Dixon Technologies chairman-cum-managing director Sunil Vachani told reporters here after launching its new colour television with FM radio, which uses one chip technology, in Uttarakhand.
The company, having a turnover of Rs 700 crore, has seven units producing colour televisions, DVD, air-conditioners, microwave ovens, washing machines and set-up-boxes in different parts of the country, including three in Uttarakhand, said Vachani. The company has two units in Noida, one in Mohali and one in Jammu.
Vachani said nearly 400 people have already working in their three units in the hill state and the company would recruit 200 more people for the new unit.
Vachani said the first four months of the financial year 2007-08 were momentus for the company. Its CTVs sales went up by 21%, DVDs by 50% compared to the figures in the corresponding period last fiscal.