videocon

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About Videocon… : 

About Videocon… Videocon founded in 1985, is one of India's youngest companies to touch a turnover of Rs 50 billion. Founder - Late Nandlal Madhavlal Dhoot Sons envisioned Videocon International Ltd. Competitors:-Whirlpool, LG, Samsung & other giants Largest manufacturers of Colour Picture Tubes and Glass shells forming the backbone of many Colour Television manufacturers around the world.

Its mission statement… : 

Its mission statement… The Videocon group is committed to create a better quality of life for the people and furthering the interests of society, by being a responsible corporate citizen

Its market share….. : 

Its market share…..

A REFLECTION OF CONTINUITY CHANGE : 

A REFLECTION OF CONTINUITY CHANGE the end: “To delight and deliver beyond expectation….” the means: “…through ingenious strategy…” “…intrepid entrepreneurship…” “…improved technology…” “…innovative products…” “…insightful marketing…” “…inspired thinking about the future…”

Its global partners… : 

Its global partners…

Tie - ups with global leaders : 

Tie - ups with global leaders

Strategic Alliances & Acquisition : 

Strategic Alliances & Acquisition Multibrand strategy- videocon/akai,1995 Electrolux Kelvinator, Videocon merger in 2006 Videocon: From market leadership to overall brand consolidation Package from Airtel, Videocon, Alcatel Videocon's global strategy

Understanding videocon with the help of models : 

Understanding videocon with the help of models BCG Matrix Stars (appliances) Question marks (Entertainment) Cash Cows (Oil and Gas division) Dogs (leasing and finance limited)

Porter’s model : 

Porter’s model

Why M&A : 

Why M&A Electrolux deal gives licensing rights to sell global brand 2000 patents of Thomson into Videocon's kitty Global presence Gain economies of scale

Competitive Advantage : 

Competitive Advantage Cost of production Largest distributed manufacturing base across India - 12 facilities Managing a complex supply chain Backward integration Taking advantage of policy-friendly locations Wide product portfolio

Challenges and Criticisms : 

Challenges and Criticisms Competition in global CPT market Rapid adoption of LCD technologies Political risk A sharp drop in plasma and LCD prices Issue of breaking new ground in terms of geographies The consumer really is not price sensitive today

Future prospects : 

Future prospects Development in the following areas through R&D Plasma Television Multimedia TV Pure Flat Televisions Composite Home Entertainment system To work on better features, better quality & improved reliability with reduced / low prices Go for new segments & start manufacturing mobile handsets and IT hardware