UPDATE:
The original report stated inaccurately that Micromax was manufacturing Smart TVs for the below-mentioned brands. That report has since been rectified to reflect the correct information and accordingly, we have updated this article.
Updated Story below.
The smart TV segment is booming in India. Affordable realme and Redmi branded TVs’ popularity is an example of it. Recently, they have achieved exceptional sales during the festive season in the country. As a result, apart from other players like OnePlus, TCL, BPL, we also witnessed brands like Inifinix foray into the Smart TV segment. Now, a report by the Mobile Indian says these TVs are going to be manufactured by an Indian company, Bhagwati Products Ltd.
Citing its sources, the report says that Bhagwati Products Limited has started making TVs for realme, OnePlus, Infinix, TCL, and BPL in India. In case you don’t know, Bhagwati Products makes Mobile Phones, Smart TVs, ACs, PCBs, and more. It manufactures products for Micromax too, which recently made a come back in India.
Notably, another Indian company, Lava started manufacturing smartphones for brands like Nokia and Motorola. Anyway, this move by brands like realme, OnePlus, Infinix could be to further leverage the benefits of the ‘Make in India‘ initiative whilst providing a hand for its partner(Bhagwati) in the PLI scheme in return.
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Also, if you take giants like Xiaomi, which is in the smart TV business longer than realme and OnePlus, already makes its TVs in the country by itself. That said, this new partnership could also be an extension of localized production what the spin-off brands had already planned.
Coming back, currently operating with three factories at Bhiwadi, Telangana, and Rudrapur across India, Bhagwati Products has an HQ in New Delhi since 2002. According to the report, it has so far made 40 Million Mobile Phones including Smart Phones & Feature Phones, and 3 Million LED TVs, Mobile Charger, Li-Ion Batteries, and more.
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