Search Result for : Led Industry

The Dollar Business Bureau Chinese TV manufacturer Skyworth plans to establish an assembling unit or wants to acquire a running plant for the expansion of the company in North India, Jackson Zhang, Managing Director, Skyworth India Electronics Pvt Ltd said. He was speaking to the media, during the launch of a new television model AIR TV in Tamil Nadu on Monday. The cost of 7.9 mm-thin high technology AIR TV is fixed at Rs 169,990. The Chinese firm also plans to introduce other consumer goods such as washing machines, air conditioners and refrigerators in the Indian market by 2017, he said. Skyworth India sells set top box and LED televisions currently in the country. The company already has an assembling unit in Hyderabad. It imports ...

The Dollar Business Bureau Havells India has acquired  a 51% stake in Promptec at an enterprise value of Rs.65 crore. This would ramp up its stake in Promptec Renewable Energy Solutions for an undisclosed amount, the electrical equipment firm said in a statement to BSE. According to it, Havells India has signed a tripartite agreement with its subsidiary Promptec Renewable Energy Solutions Pvt Ltd on Monday. Post-acquisition, the promoter-side of Promptec will continue to hold a 49% stake in the company. This marks the entry of Havells in the field of solar energy. As per the agreement, Havells India has decided to acquire a 70% stake in Promptec and the shareholders of Promptec. Currently, it owns 51% stake in the paid-up share ...

Aadhira Anandh Led Expo 2016 was unveiled on 12th of May in Mumbai. Led Expo is one of the largest exhibition and the only exhibition for LED lighting, products and technologies. Over 160 exhibitors from 6 countries were present at the event. The expo covers all aspects of LED lightings and application that help in promoting energy efficient cost saving technologies.  The inauguration of the event was done by Chief Guest Shri Chandrasekar Bawankulae, Minister of Energy, New and Renewable Energy, Government of Maharashtra and Guest of Honor Shri Nitin Gadre, IAS, Director General, Maharashtra Energy Development Agency (MEDA). At the inauguration, Shri Bawankulae said, “Maharashtra Government is aiming to reduce the energy consumption by 35-50%. In order to achieve the same, the state ...