Article: India: Godrej to invest Rs 120 cr in TV unit.

Byline: pinto03

Godrej Appliances plans to invest Rs 120 crore in setting up a television facility in Himachal Pradesh by the middle of next year to meet

supply as it goes ahead with national distribution of its recently-launched television brand Eon.

The market for televisions in India is dominated by brands such as LG, Samsung, Videocon, Onida and Sony. Godrej Appliances, traditionally known for its refrigerators, has over the last few years expanded into various new product categories such as air-conditioners, washing machines and DVD players.

The consumer durable unit of privately-held Godrej & Boyce Manufacturing, is close to ...

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