Videocon to make Rs 500 crore investment for mobile plant in Punjab

Videocon slashes mobile internet rate
Videocon today announced an investment of Rs 500 crore for setting up mobile handset assembly plant in Punjab.

Anirudh Dhoot, director of Videocon, announced that the investment will be made over the next three years to assemble mobile handsets along with the manufacturing of set top boxes.

The company aims to generate 3,000 jobs in Punjab.

“I have visited several states, but the speed of progress, development and treatment given to industrialists in this state is of par excellence,” said Anirudh Dhoot, director of Videocon.

editor@telecomlead.com

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Latest

More like this
Related

Apple Lobbying Pays Off as India Tweaks Tax Rules to Boost iPhone Manufacturing

India’s government has handed a major policy win to...

Apple posts record Q1-2026 earnings with strong India growth

Apple reported blockbuster first quarter results for fiscal 2026,...

Apple Q1 Fiscal 2026 Revenue Jumps 16% to $143.8 bn as iPhone, Services Drive Growth

iPhone maker Apple posted quarterly revenue of $143.8 billion,...

Global smartphone market 2025: Performance of top 10 vendors

In 2025, the global smartphone market grew by 2...