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.

Denne historien er fra February 2023-utgaven av Wealth Insight.

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Denne historien er fra February 2023-utgaven av Wealth Insight.

Start din 7-dagers gratis prøveperiode på Magzter GOLD for å få tilgang til tusenvis av utvalgte premiumhistorier og 9000+ magasiner og aviser.