Telangana

TCL Electronics to set up shop in Telangana; to create 500 jobs

TCL's new electronics manufacturing unit will specialize in producing washing machines and has plans for future expansion into refrigerators.

Hyderabad: Telangana Industries minister KT Rama Rao on Wednesday announced that TCL Electronics, one of the world’s largest electronics manufacturing companies will set up a new electronics manufacturing unit in the state.

He informed that the company will create 500 jobs for locals with an initial investment of Rs 225 crores and will further scale up.

“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,” KTR tweeted.

This post was last modified on June 28, 2023 1:27 pm

Share
News Desk

NewsDesk is our dedicated team of multimedia journalists at Siasat.com, delivering round-the-clock coverage of breaking news and events worldwide. As your trusted news source, NewsDesk provides verified updates on politics, business, current affairs, and more. Stay informed with live blogs and comprehensive reports on key developments across India and around the globe.

Load more...