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The $16.5-billion Chinese electronics major, TCL, has made a pitch for the Videocon brand as the resolution professional (RP) of the debt-laden Indian company invites buyers to take control of the firm.
The interest from TCL comes at a time when the Chinese company has laid out detailed plans for a major expansion in India, which includes setting up a factory in Bengaluru for TVs, air-conditioners, washing machines, refrigerators and smartphones.
-economictimes.indiatimes.com/
The interest from TCL comes at a time when the Chinese company has laid out detailed plans for a major expansion in India, which includes setting up a factory in Bengaluru for TVs, air-conditioners, washing machines, refrigerators and smartphones.
-economictimes.indiatimes.com/
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