TCL lays foundation for production unit in Tirupati

TCL said the industrial park is scheduled to commence manufacturing in the fourth quarter of 2019. The primary facility of the industrial park is the panel module factory, which is the first overseas production unit of TCL’s panel subsidiary Shenzhen China Star Optoelectronics Technology Co., Ltd (CSOT).

The CSOT panel module factory will produce screens for TVs and mobile phones, with a designed production capacity of eight million 22-inch to 55-inch, large-sized TV screens and 30 million 3.5-inch to 8-inch, small-sized mobile screens per year, TCL said.

“India is a strategic market for TCL,” Tomson Li, Chairman and CEO of TCL Corporation, said in a statement.

“The project will strengthen our supply chain integration capabilities in India and in turn will benefit our local consumers, providing them with superior quality products at greater value,” he added.

The investment in the panel module factory in India marks the first step in CSOT’s overseas deployment.