Videocon Industries in India has announced that it will be setting up a new STB manufacturing unit in the country. The unit will be up and running by the end of 2014 and will have the capacity to manufacture 1 million STBs on an annual basis.
In a recent interview to the Press Trust of India, Videocon Industries Director Anirudh Dhoot said, “We will set up another plant that will have a production capacity of 1 million units annually by end of 2014. We want to do more. We have not decided but we are evaluating either setting it up in Punjab or Madhya Pradesh. We have seen huge growth in demand for STBs. In October, we increased production capacity of existing STB plant from 7 lakh to 10 lakh i.e. 1 million.”
Videocon d2h, which is one of the fastest growing DTH players in India is operated under Videocon industries. The unit will be able to address the huge increase in the demand for STBs in the country with the onset of the final phases of digitisation. Currently the first two phases are already complete and the government is keen on completing with the process by the end of 2014.
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