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Diversification Strategy

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Diversification Strategy
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Videocon Industries Ltd. Videocon Logo.svg
Type Public
Traded as BSE: 532129
NSE: VIDEOIND
Industry Conglomerate
Founded 1979
Founder(s) Venugopal Dhoot [1]
Headquarters Gurgaon, India
Key people Venugopal Dhoot
( Chairman & Managing Director) [1]
Products Consumer Electronics
Home Appliances
Components
Office Automation
Mobile phones
Wireless
Internet
Petroleum
Satellite television
Power
Revenue DecreaseINR 127.565 billion (US$2.32 billion)(2011)[1]
Net income DecreaseINR5.45 billion (US$99.19 million)(2011) [1]
Employees 9,000 (2012)
Subsidiaries Videocon Telecommunications Limited
Videocon d2h
Videocon Consumer Electronics & Home Appliances
Website www.videocon.com videoconworld.com Videocon Industries Limited (BSE: 511389, NSE: VIDEOIND) is an industrial conglomerate headquartered in Gurgaon, India, with interests all over the world, and is an Indian multinational company. The group has 17 manufacturing sites in India and plants in China, Poland, Italy and Mexico. It is also the third largest picture tube manufacturer in the world.[2][3] The group is a US$4 billion global conglomerate.
Contents
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* 1 Corporate profile o 1.1 Consumer electronics o 1.2 Mobile phones o 1.3 Colour picture tube glass o 1.4 Oil and gas o 1.5 DTH o 1.6 Telecommunication * 2 Acquisition of Thomson SA o 2.1 Acquisition rationale o 2.2 Thomson’s perspective o 2.3 Other competitors for the acquisition o 2.4 Pre-merger scenario analysis o 2.5 Post merger situation (2008) o 2.6 Thomson’s exit from Videocon * 3 Possible purchase of General Electric's Appliance division * 4 References * 5 External links

[edit] Corporate profile

The Videocon group's core areas of business are consumer electronics and home appliances. They have recently diversified

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