China’s TCL on Thursday kickstarted the construction of a smart integrated manufacturing industrial park in Tirupati, Andhra Pradesh, to bolster its commitment to make its products in India. “The move signifies India’s strategic position in TCL’s global development and the brand’s commitment to the Indian market,” the consumer electronics company said in a statement.
The primary facility of the industrial park will be a panel module factory – the first overseas production unit of TCL’s panel subsidiary Shenzhen China Star Optoelectronics Technology Co Ltd (CSOT). The factory will produce screens for TVs and mobile phones, with a “designed production capacity of eight million 22-inch to 55-inch, large-sized TV screens and 30 million 3.5-inch to 8-inch, small-sized mobile screens per year.”
The industrial park will also include a smart TV manufacturing facility to integrate the panel module and TV set production. The facility will have a manufacturing capacity of six million 32-inch to 65-inch TV sets per year.
The TCL industrial park is scheduled to commence operations from the fourth quarter of 2019, according to TCL, and will “help realize CSOT’s capabilities in smart manufacturing and product delivery on a global scale, providing services for customers and partners worldwide.” The manufacturing facility will not only be responsible for churning out TCL products, but will also offer ODM services to other domestic brands.
“India is a strategic market for TCL. Our investment in the semi-conductor business here is a significant milestone in our globalization plans,” Tomson Li, Chairman and CEO of TCL Corporation said. “The project will strengthen our supply chain integration capabilities in India and in turn will benefit our local consumers, providing them with superior quality products at greater value,” he added.
“TCL’s smart integrated manufacturing project in Tirupati is of great significance to the industrial and economic development of Andhra Pradesh,” N Chandrababu Naidu, Chief Minister of Andhra Pradesh, said. “We welcome outstanding Chinese companies such as TCL to participate in the development of Andhra Pradesh and we will work to create a favorable business environment here for them. We look forward to our people enjoying the brand’s industry-leading products,” he added.
TCL is known globally for its affordable range of smart TVs and comprehensively making in India may result in its products becoming more affordable in due course of time.