Videocon Plans US Entry in Two Years Jul 20, 2007

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Indian consumer goods’ manufacturer Videocon, which prides in calling itself the Indian multinational, plans to list in the US market in two years by when it dreams of putting its products in American homes. Videocon group chairman Venugopal Dhoot said that at present the company was preparing itself for the entry into the world's most competitive consumer electronics market.

Although the group has not yet raised from the proposed US listing, Dhoot said the proceeds from it would be utilized for funding its mergers and acquisition activities.  (ZeeNews.com)

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