Videocon Industries, the Indian Electronic Manufacturer. Know about the Owner of Videocon Industries Limited Company. Also find the Logo, Videocon wiki, and full company details of Videocon. Here you can find the full company Profile and Wiki of the public company, Videocon Industries Limited. Videocon Industries Limited is India’s most trustworthy company of electronics.
They are engaged in the manufacturing as well as wholesale and retail trade of consumer electronics and home appliances items. Also, the company segments include Consumer Electronics and Home Appliances, Crude Oil, and Natural Gas.
About The Owner of Videocon
Videocon Group was incorporated in the year 1979. The company is headquartered in Mumbai, India.
Shri Nandlal Madhavlal Dhoot, the founder of the Videocon Group, completed his education in Ahmednagar and Pune. After a successful consignment in the cultivation of sugarcane and cotton, he bravely attempted shipping machinery from Europe to set up the Gangapur Sakhar Karkhana, Sugar Mill in 1955. During that period the villages did not have electricity. Eventually, the Industrial Revolution got unleashed.
Over the years, Nandlalji’s attitude has brought major innovations that found their appearance in innumerable routes, drawing him a well-deserved reputation- The Pioneer of industrial activity in Marathwada, Maharashtra, India. Consequently, In the early ’80s, Nandlalji prefaced his three sons – Venugopal, Rajkumar, and Pradipkumar into his own business.
In fact, Nandlal Dhoot was the founder of Videocon Corporation and other business ventures including Videocon Electronics. The company’s major breakthrough arrived when it received one of India’s first companies to receive the license for the manufacture of color televisions.
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Bio of the Owner of Videocon (Wiki)
Venugopal Dhoot, born in Mumbai, India is an Indian businessman and the Chairman of Videocon Group. According to Forbes magazine, his wealth in 2013 was $1.25 billion. Later, he attained to be the thirty-eighth richest man position in India. Nandlal completed his graduation from the College of Engineering Pune. India. Rama Dhoot, wife of Dhoot and has two children, Anirudh and Surbhi.
In fact, Dhoot was an enthusiastic cricket fan and a proficient flutist. Owing to his cricket fantasy, he laid the foundation of the Videocon School of Cricket launch in Kolkata, India under the guidance of former Indian Cricket Captain, Saurav Ganguly. Where Ganguly trains and supports young cricketers of India in the age group of 10 to 17. Furthermore, Venugopal Dhoot is an environmental partisan.
Who again was behind the completion of an afforestation project which constituted 2,000,000 teak trees planted across India. In addition, His brother, Rajkumar Dhoot, is a member of the Indian Parliament. He is a vegetarian for spiritual reasons.
Details of the Company
Videocon Group is rich in its manufacturing sites in India and also with plants spread across China, Poland, Italy, and even in Mexico. Besides, Videocon is the 3rd largest manufacturer of picture tubes in the world. In general, the group remains a US$5 billion global conglomerate. Videocon possesses multiple brands such as Ken-star under its bag.
Videocon was positioned 51st among India’s most trusted brands. The Brand Trust Report 2012 was declared by Trust Research Advisory, one of the brand analytics companies in India announced this list. In Brand Trust Report 2013, Videocon was ranked 25th among the most trusted brands in India while according to the Brand Trust Report 2014, L&T.
The Videocon Group excels in several segments. Including, Telecommunications; Power, and many others. Its secondary segments reside both within India and also outside India. Its television models include various features, to enumerate- Windows Television; Digital Direct Broadcast; Smart Television; Wireless display technologies; Liquid luminous display; 4K Ultra high definition; Motion sensing gaming; Home cloud; two-dimensional to three-dimensional (3D) conversion, and 3D Image Processing.
It also offers products, such as Air Conditioners (ACs), which include Split AC and Aryabot AC; Refrigerators, which include direct cool and frost-free; Television, which includes Welcome series and Curve Television; Finally, Washing Machines, which include semi-automatic and fully automatic top-loading, and Mobiles and Tablets.
The chief of an MNC durable maker says Videocon has every possibility to become a market leader in mass product segments since the company is currently operating at 10%-20% lower price points than LG, Samsung, and Panasonic.
Eventually, among India’s most trusted brands Videocon group elevated to the 17th position. In the year 2018, Videocon group stopped trading due to corporate insolvency. However, in 2021 Vedanta group managed to take over this organization.