Skip to content
Search

Latest Stories

German brand Blaupunkt to take India-made TV to global markets

The company is also working on expanding its offering beyond TV to other appliances

German brand Blaupunkt to take India-made TV to global markets

German consumer electronic brand Blaupunkt is planning to export LED TV to markets such as Australia and South America, making India a hub for production, said its managing director Andrzej Cebrat.

The company, which operates in India through its brand licensee Super Plastronics Pvt Ltd (SPPL), is also working on expanding its offering beyond TV to other appliances.

Besides, Blaupunkt is also planning to enter into the photovoltaic products business in India after having success in the renewal energy market of Europe and teaming up with SPPL, Cebrat said.

Over exports from India, he said Blaupunkt operates several factories around the world through its partners, and all are facing a similar problem over sourcing.

Its Indian partner has remained buoyant after the pandemic and SPPL is also coming up with a new TV manufacturing unit, which will be operational in the next two quarters with an installed capacity to roll out two million units per annum.

It would be a good solution for those markets, he said.

"We have a family of partners and all of them wherever you look, Australia, Americas and Europe, are having sourcing problems and we believe that a good quality of Indian production can be as well the next step of thinking of the development of export from India from SPPL factory," said Cebrat.

He further added: "This is not only of good quality but with a good software and hardware platform. We sell by teaming up with Google. It will overcome the problems of sourcing and pricing, which is the biggest challenge today for the TV market."

About the countries where Blaupunkt would ship its India-made LED TVs, Cebrat said it has started discussions with its South American and Australian partners.

"We are planning to continue the discussions this year, when the new factory (from SPPL) is open. Then we would have the capacity to meet the demand," he added.

SPPL is investing around Rs 1 billion (£980 million) to expand in its Hapur factory, which will cater the demand of Blaupunkt TV for domestic and international sales.

Currently, India is the third largest market for Blaupunkt globally.

(PTI)

More For You

UK business district
The Canary Wharf business district including global financial institutions in London.
Getty Images

Economy grew 0.7 per cent in Q1 2025, fastest in a year

THE UK economy expanded at its fastest pace in a year during the first quarter of 2025, driven by a rise in home purchases ahead of a tax deadline and higher manufacturing output before the introduction of new US import tariffs.

Gross domestic product rose by 0.7 per cent in the January-to-March period, the Office for National Statistics (ONS) said, confirming its earlier estimate. This was the strongest quarterly growth since the first quarter of 2024.

Keep ReadingShow less
Rosneft in early talks to sell India refinery stake to Reliance

Reliance Industries chairman Mukesh Ambani (Photo: Getty Images)

Rosneft in early talks to sell India refinery stake to Reliance

RUSSIAN oil major PJSC Rosneft Oil Company is in early discussions with Reliance Industries to sell its 49.13 per cent stake in Nayara Energy, an Indian energy company that operates a 20-million-tonnes-per-year oil refinery and 6,750 petrol pumps, sources familiar with the matter said.

The deal, if finalised, would see Reliance overtake state-owned Indian Oil Corporation (IOC) to become India’s largest oil refiner. It would also provide Reliance with a significant expansion in fuel retailing, where it currently holds a relatively small presence.

Keep ReadingShow less
modi-trump-getty
Trump shakes hands with Modi during a joint press conference at Hyderabad House in New Delhi on February 25, 2020. (Photo: Getty Images)
Getty Images

Key issues in India, US trade talks

TRADE talks between India and the US have hit a roadblock over disagreements on duties for auto components, steel and farm goods, Indian government sources said to Reuters, dashing hopes of reaching an interim deal ahead of president Donald Trump's July 9 deadline to impose reciprocal tariffs.

Here are the key issues at play:

Keep ReadingShow less
Anil Agarwal

Vedanta Resources, which is based in the UK and owned by Indian billionaire Anil Agarwal, has been working on reducing its debt. (Photo credit: Getty Images)

Getty Images

Anil Agarwal’s Vedanta Resources signs £438 million refinancing deal

VEDANTA LTD said on Thursday that its parent company, Vedanta Resources, has signed a loan facility agreement worth up to £438 million with international banks to refinance existing debt.

The refinancing move, where old loans are replaced by new ones, often at better terms like lower interest rates, has led ratings agencies such as S&P Global Ratings and Moody's to upgrade their outlook on the company this year.

Keep ReadingShow less
Trump-Getty

Trump said that while deals are being made with some countries, others may face tariffs.

Getty Images

Trump says major trade deal with India may be finalised soon

US PRESIDENT Donald Trump on Friday said a "very big" trade deal could be finalised with India, suggesting significant movement in the ongoing negotiations between the two countries.

“We are having some great deals. We have one coming up, maybe with India. Very big one. Where we're going to open up India," Trump said at the “Big Beautiful Bill” event at the White House.

Keep ReadingShow less