TCL to invest Rs 20 crore in India in Q2

TCL Electronics plans to invest Rs 20 crore in India in the second quarter of this year. The company, which introduced a range of intelligent home products, including refrigerators, washing machines, and air-conditioners recently plans to test the market and introduce more products specifically designed for India next year. The brand has launched two new line-ups of its smart televisions, the largest of which comes with an 85-inch screen. The company has 40 partner-run stores in the country and aims to increase them to 500 this year.

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