Vishal verma videocon
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The document provides a history and overview of Videocon Industries Limited, an Indian conglomerate founded in 1984. It summarizes that Videocon was founded by N.M. Dhoot and focuses on consumer electronics and home appliances. It details Videocon's expansion over the decades into new product categories and partnerships. The document also briefly discusses Videocon's mission, vision, products, competitors, and corporate social responsibility initiatives.
Vishal verma videocon
- 1. Presented By:- Palwinder singh Roll no 92
- 2. INTRODUCTION In1984, Nandlal Madhavlal Dhoot (N.M.Dhoot), together with his three sons - Venugopal, Rajkumar and Pradeep - founded VI in technical collaboration with the Japan-based Toshiba Corporation N.M DHOOT Venugopal Dhoot Rajkumar Dhoot
- 3. HISTORY OF VIDEOCON In 1984 Dhoot family launched Videocon International Limited In 1987,VI started manufacturing of BW and color televisions Within a decade,V.Dhoot family launched Videocon International ideocon emerged as India·s leading brand of Colour Televisions In 1989, the company launched home entertainment systems and air conditioners In 1995, the company introduced refrigerators and coolers in the mid-1990s,VI manufacture CRT glass shells at Gujarat
- 4. MILESTONES ‡ 1ST TILT DRUM WASHING MACHINE FLAT FREE REFRIGERATORS FLAT TUBE FOR BW TV WASHING MACHINE AS A CATEGORY ROTARY COMPRESSSORS IN AIRCONDITIONERS
- 5. Videocon VCR Ltd. in collaboration from Toshiba Japan Videocon has tied up with Dolby Laboratories, USA, for use of Dolby Technology It collaborate with Samsung of Korea for manufacturing glass shells Ithas tied up plans with Akai to jointly flat new company to market the Akai range of products It had entered into a joint venture with Necchi group of Italy
- 7. THE VIDEOCON MISSION CREATING HAPPINESS ACHIEVING PROGRESS SUSTAINING GROWTH PURSUING EXCELLENCE THE SOUND OF EXCELLENCE FIRST WITH THE BEST
- 8. VISION To delight and deliver beyond expectations. Improved technology Intrepid entrepreneur Through ingenious strategy Innovative products
- 9. Insightful marketing Inspired thinking about future
- 10. PRODUCTS Consumer Electronics Home Appliances Components Office Automation Mobile phones Wireless Internet Petroleum Satellite television Power
- 12. SWOT ANALYSIS STRENGTH 1.Videocon has excellent brand awareness 2.Price of the Videocon is quite satisfactory to the people 3.Good Geographical coverage 4.Better product range 5.Economically strong WEAKNESS 1.Still they need to increase the quality of the product more 2.Poor in product body designing as compared to LG Samsung
- 13. OPPURTUNTIES India is a big consumer durables market and growing at 10 to 15% Lifestyle of people has been change very much so there is demand for premium products Consumer durable market will become $158 billion by 2015 Overall number of rural households estimated to grow from 135 millions in 2001-02 to 158 million by 2010-2011
- 14. THREATS Stiff competition from MNCs like LG,SAMSUNG,SONY Cheaply available of chinese products Virtually not able to establish the products for online sales and marketing Local brands available in the markets
- 15. TELECOMMUNICATIONS Videocon Group operate the GSM mobile services through Videocon Telecommunications Limited (VTL).VTL was granted a licence by the Government of India to provide unified access services in the following 21 circles in India: Delhi, Mumbai, Tamil Nadu, Chennai, Kolkata, Maharashtra, Gujrat, Andhra Pradesh, Karnataka, Kerala, Haryana, Uttar Pradesh(West), Uttar Pradesh (East), Rajasthan, Madhya Pradesh, West Bengal, Himachal Pradesh, , Bihar, Orissa, Assam, North East, Jammu Kashmir. It launched its services on 7 March 2010 in Mumbai
- 16. Mobiles y Videocon has launched various new Videocon mobiles in India. All the Videocon mobiles are becoming popular in the Indian mobile market
- 17. EMPLOYEE CODE OF CONDUCT Videocon Industries Limited set forth principles for as working with Employees, Stakeholders and Customers. The Code of Conduct acts a perpetual reminder of organizations accountability to build interpersonal relations based on Integrity, Honesty, Transparency and Dignity of Human Beings. To be an ethical values company, everyone must practice in the process of ensuring business to be an ideal one ‡ Accountability of an employee ‡ Conflict of interest ‡ Use of assets and information confidentiality ‡ Expense reports ‡ General standards of conduct
- 18. COMPETITORS
- 19. Competitive Advantage y Cost of production y Largest distributed manufacturing base across India - 12 facilities y Managing a complex supply chain y Backward integration y Taking advantage of policy-friendly locations y Wide product portfolio
- 20. Challenges and Criticisms y Competition in global CPT market y Rapid adoption of LCD technologies y Political risk y A sharp drop in plasma and LCD prices y Issue of breaking new ground in terms of geographies y The consumer really is not price sensitive today
- 21. Corporate Social Responsiblity Hospitals : In the memory of founder ,Videocon runs a world class hospital with the latest equipments, MRI, CT scan machines run by dedicated doctors specializing in Cancer and heart surgery.The hospital is 100% charitable and caters to the people in Indian villages which cannot even support their families let alone afford medicines. Schools The group runs a world class school dreamt by our LATE founder in the village of Gangapur, dedicated to giving high quality high school education to underprivileged girls inspiring them to aim higher and work for the development of the country
- 22. CHARITIES : The blood donation camp is arranged at our Dhoot Hospital Blood Bank. Environment : The Company consistently pursues reduction in energy consumption in its manufacturing process on an ongoing basis.
- 23. SUGGESTION Better scheme should be offered to retailers. Quality of advertisements should be increased Ties up with finance company Improving upon picture and sound quality Offers and schemes should given to other times of the year also Increase sharpness improve contrast ratio. Rate stability is very important. Restructuring of prices so that the middle class segment can be penetrated deeply.
- 24. Future prospects Development in the following areas through RD Ń Plasma Television Ń Multimedia TV Ń LCD LED TV Ń Composite Home Entertainment system Ń To work on better features, better quality improved reliability with reduced / low prices Go for new segments start manufacturing mobile handsets and IT hardware
- 25. CONCLUSION Only 2.73% customer is not aware of Videocon as a brand. T.V is the main sources to know about the brand. Festival is main reason for buying of the consumer goods. Price is less as compare to other brand Consumer is not satisfied by the Quality of the Videocon Especially of T.V D.V.D. In shop demonstrator (ISD) in all dealers, because customer buy product on demonstration of product quality. Point of purchase (POP) material plays a vital role in sale of the brand
- 26. THANK YOU