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.
The market has generally been slow be it televisions or home appliances. Dishwashers saw a spurt for a couple of months, but the boom seems to be over for that...Read More