TCL Electronics To Set Up A Manufacturing Unit In Telangana
The company's electronics manufacturing unit, to come up at an initial investment of Rs 225 crore, will specialize in producing washing machines.
Hyderabad | 28th June 2023
TCL Electronics, one of the world's largest consumer electronics manufacturing companies, is going to set up a unit in Telangana soon.
The company's electronics manufacturing unit, to come up at an initial investment of Rs 225 crore, will specialize in producing washing machines, and the company has plans for refrigerator manufacturing in the unit, too, in future.
The proposed unit will provide employment opportunities for 500 local youngsters.
Taking to Twitter on Wednesday, Minister for IT and Industries K T Rama Rao expressed happiness over the proposal, and extended congratulations to Resojet on their joint venture with TCL.
"Delighted to welcome @TCL_Global, one of the world's largest consumer electronics manufacturing companies, to Telangana. TCL's new electronics manufacturing unit will specialize in producing washing machines and has plans for future expansion into refrigerators. With an initial investment of Rs. 225 crore and employment opportunities for 500 local youngsters, the company is poised for growth and scaling up. Congratulations to Resojet on their joint venture with TCL (sic)," KTR tweeted.
filed in: Telangana, Industry & Business, K T Rama Rao, Investments