TPV Technology aims to broaden its presence in Indian Market

To expand its logistics delivery to retailers, TPV Technology has announced to incorporate their 100%-owned subsidiary company in India, which will be known as TPV Technology India Private Limited.

The new subsidiary will now have the flexibilities to open offices and to hire more people and many other advantages.

Seema Bhatnagar, Director – Sales & Marketing India & SAARC, TPV India, said, We are extremely pleased to announce this new development. We are looking forward to increase our marketing plans and are more excited to broaden our presence in the market. We will target tier-II, -III and -IV towns for sale of TVs. Replacement sales, from colour TV (technically called cathode ray TVs) to LEDs, and the concept of second TV is what we are targeting in these segments.

The company is also planning to set up a manufacturing unit once the sales figures are received. It is also in the process of finalizing its distribution network and establishing branch offices in India.