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China’s Hisense to set up TV manufacturing plant in India

Fiinews by Fiinews
June 14, 2021
in Investment, Manufacturing
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Tandon endeavors to enhance the large screen viewing experience

Qingdao, China-based Hisense, a leading global consumer electronics and appliance manufacturer, has announced its expansion plans for the Indian market including setting up a local manufacturing plant and expanding their product portfolio with upcoming launches this year.

Talking about future investment plans in India, Hisense India COO Rishi Tandon said, “Hisense entered the Indian market last year and got a phenomenal response from the consumers. To meet the growing demand for our television range we are ramping up our local manufacturing capabilities and will be setting up a TV manufacturing plant of 2 million capacity within the next two years.”

As a part of the global brand building strategy, Hisense uses sports as a medium to enhance the emotional connect with its consumers. Hisense has been associated with the sports fraternity for more than a decade, and has sponsored top events such as EURO Championships and the FIFA World Cup and has also partnered with global football clubs like PSG and e-sports organization FNATIC. Continuing the legacy, the brand has partnered with EURO 2020 as the official sponsor for the mega sporting event this year. Hisense will also be the official sponsor of Qatar FIFA world Cup 2022.

Tandon elaborated in a press release on 14 June 2021, “In our endeavor to enhance the large screen viewing experience during this special event, we are launching the 70″ Mega TV and 65″ & 50” Tornado TV with 102W JBL Powered Sound, which is an exclusively designed product for the India market.

“The ‘Your Home Your Stadium’ campaign starting on 12th June will be offering all our consumers a 4-Year Complete warranty on our entire 4K TV range for the promotion period. Hisense will also be running the #SpotHisense contest where participants stand a chance to win Euro Cup merchandise daily as well as the Home Jackpot mega prize.”

In addition to this, Hisense will also be launching an array of products including Laser TVs, QLED TV, Side by Side Refrigerator, Washing Machines, Dishwasher, Audio, Microwave Oven, and Kitchen Appliances range this festive season.

Hisense is a global technology leader in manufacturing premium televisions with an impeccable track record of providing top quality products. It is known for its glorious 51 years of Global Trust and Innovation worldwide. Striving to push the boundaries of innovation and working tirelessly on research and development, it is one of the world’s leading television manufacturers and is also the leading TV brand in countries like Australia, USA, Japan, Mexico, and South Africa.

Hisense has its footprints globally with a presence in over 160+ countries, along with 14 manufacturing facilities located in countries like South Africa, Slovenia, Serbia, Mexico, Czech etc. The group is committed to continuous innovation with 18 R&D hubs across the globe and invests 5% of its revenue back into R&D every year. #investment #manufacturing #consumer /fiinews.com

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Fiinews.com features through news articles on business opportunities in the Indian market for the benefits of foreigners. It is also a platform for international businesses to showcase through elaborate articles on their products & services to the Indian consumers and corporations exploiting industrialisation of the country.

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