Videocon plans plasma TV plant near Chennai

Consumer electronics major Videocon is planning to set up a Plasma TV manufacturing plant near Chennai at an estimated investment of about Rs 1,000 crore.

"We are speaking to the Tamil Nadu government regarding this. We will set up the project if the government gives us suitable concessions," Venugopal N Dhoot, chairman, Videocon Group told reporters on the sidelines of a seminar here today.

The company has estimated the investment in the project to be about Rs 1,000 crore, he said.