Videotex Ventures Towards Rs 1,000 Crore Milestone with Diversified Tech Expansion

Videotex, an Indian design manufacturer (ODM) for TVs, aims to double its revenue to Rs 1,000 crore in four years by expanding manufacturing capacity, diversifying into appliances, and leveraging R&D. Operating from Greater Noida, the company plans to boost its annual production to 3.2 million units, focusing on high-end LED solutions.

Videotex, a prominent Indian original design manufacturer (ODM) for televisions, is targeting a revenue milestone of Rs 1,000 crore within the next four years. The growth strategy involves enhancing production capabilities and diversifying its product range, driven by robust research and development efforts.

The company plans to expand its manufacturing units in Greater Noida to handle up to 3.2 million units annually, focusing on high-end LED technologies such as Mini LED TVs. This move is aimed at catering to the premium segment with larger screen sizes, including 75-inch, 86-inch, and 100-inch models.

Besides expanding its technology prowess and manufacturing capacity, Videotex is also exploring opportunities in foreign markets. However, the primary emphasis remains on the domestic market, as it enhances injection molding capabilities and integrates AI in manufacturing, solidifying its status as a leading ODM player.

(With inputs from agencies.)