From diversification to destruction
Wealth Insight|February 2023
Videocon is a classic example of perils of diversifying into unrelated areas. This, coupled with corporategovernance issues, spelled the demise of the once iconic brand.
Udhayaprakash
From diversification to destruction

Founded by Nandlal Dhoot in 1979, Videocon gained prominence in the early 1980s after collaborating with Japanese major Toshiba to manufacture and sell colour TVs in India. Under the leadership of Venugopal Dhoot, Nandlal's son, the company started basking in the glory of success. Its success reached another level with the growing popularity of its new products, comprising washing machines and refrigerators.

Diese Geschichte stammt aus der February 2023-Ausgabe von Wealth Insight.

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Diese Geschichte stammt aus der February 2023-Ausgabe von Wealth Insight.

Starten Sie Ihre 7-tägige kostenlose Testversion von Magzter GOLD, um auf Tausende kuratierte Premium-Storys sowie über 8.000 Zeitschriften und Zeitungen zuzugreifen.