TCL, a global television brand and consumer electronics company, on Thursday kicked off the construction of its first-ever smart integrated manufacturing industrial park near Tirupati
Chief Minister N Chandrababu Naidu, the chief guest at the ground-breaking ceremony, said the unit would pave the way for the industrial development of the region and the State as a whole. "We welcome Chinese companies like TCL to invest in the new Andhra Pradesh, after bifurcation, and take part in building up the State afresh. We will create all the facilities for them," he added.
The primary facility of the industrial park is the panel module factory, which is the first overseas production unit of TCL’s panel subsidiary Shenzhen China Star Optoelectronics Technology Co., Ltd (CSOT). The CSOT panel module 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.
In order to support the CSOT panel module factory, the TCL industrial park will also include a smart TV manufacturing facility to efficiently integrate the panel module and TV set production. The smart TV manufacturing facility is designed to manufacture six million 32-inch to 65-inch TV sets per year. It will not only serve the TCL brand, but also provide ODM services to other brands rooted in the Indian market, adds the press release.
The industrial park is scheduled to commence production from the fourth quarter of 2019.
Senior executives from TCL Corporation, including Tomson Li, Chairman and CEO of TCL Corporation, and senior AP ministers and bureaucrats participated in the function.