SEBI Reg. Investment Advisor

Download App

MoneyWorks4Me

Videocon Industries plans to export its air conditioners to Australia

26 Feb 2016 Evaluate

Consumer durable and home appliances brand Videocon Industries is planning to export its air conditioners to Australia. With Australia, the company expects to raise share of exports in its overall sales for the air conditioner segment.

Currently, the company exports air conditioners to Gulf and SAARC countries. The company had exported about 30,000 air conditioners to Gulf and SAARC countries, with exports forming nine per cent of its total sales.

Add to that, the company is also intending to increase localisation in its air conditioner manufacturing process. Currently, Videocon imports 40% of its components for air conditioner manufacturing, which it intends to reduce to 25%, thereby increasing localisation to 75%.

Videocon Industries, established two decades ago, is a global conglomerate. Videocon’s businesses consist of manufacturing, marketing and distribution of consumer electronics products and oil & gas extraction.

Videocon Inds. Share Price

7.25 0.00 (0.00%)
15-Jun-2021 18:01 View Price Chart
Peers

About MoneyWorks4Me

MoneyWorks4Me is a SEBI-registered Investment Adviser (IA) dedicated to helping investors build long-term wealth through transparent, research-driven, conflict-free guidance. Founded in 2008, we started our journey as a Research Analyst (RA), providing deep fundamental analysis, intrinsic value insights, and long-term investing frameworks for Indian equities. In 2017, we transitioned to a full-fledged SEBI-registered Investment Adviser, strengthening our commitment to acting as a fiduciary—always putting the investor’s interest first.

Our Vision

To become India’s most trusted, research-powered fiduciary advisory platform—where every investor, regardless of experience, can make calm, confident, and well-reasoned investment decisions.

What Makes MoneyWorks4Me Different

Our Approach: Ensuring compounding work its magic on client portfolio.

MoneyWorks4Me ensures this through:

×