Videocon Group
Indian multinational conglomerate company / From Wikipedia, the free encyclopedia
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Videocon Industries Limited is an Indian multinational conglomerate, headquartered in Mumbai.[3] The company was founded in 1979, by Venugopal Dhoot. The group had 17 manufacturing sites in India and plants in Mainland China, Poland, Italy and Mexico. It was the third largest picture tube manufacturer in the world[4] valued at US$5.5 billion.[5]
Quick Facts Company type, ISIN ...
Company type | Private |
---|---|
ISIN | INE703A01011 |
Industry | Conglomerate |
Founded | 1979; 45 years ago (1979) |
Founder | Venugopal Dhoot[1] |
Headquarters | , India |
Area served | Worldwide |
Key people | Venugopal Dhoot (Chairman & MD)[1] |
Products | |
Revenue | ₹12,828.6 crore (US$1.95 billion) (2017)[2] |
₹1,915.67 crore (US$291 million) (2017)[2] | |
Total assets | ₹35,738.5 crore (US$5.43 billion) (2017)[2] |
Total equity | ₹8,391.07 crore (US$1.27 billion) (2017)[2] |
Owner | Vedanta Resources |
Number of employees | 10,000 (2012) |
Website | videoconindustriesltd |
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The company stopped trading and entered corporate insolvency proceeding in June 2018. In June 2021, NCLT approved Vedanta Group's bid to take over Videocon, paving way for the new ownership.[6]