Vu Technologies is looking at sales growth of 80 percent (about Rs 500 crore) in revenue in 2017. "We have grown to Rs 275 crore this fiscal from Rs 96 crore and now our target for next fiscal (2016-17) is Rs 500 crore," Vu Technologies CEO and Design Head Devita Saraf told PTI. When asked whether Vu Technologies would foray enter tablets and mobile handsets, Saraf said: "We would concentrate on display space." Vu Technologies imports its 100 percent components used for panel manufacturing from countries such as China, Taiwan, South Korea and Japan and assembles at Bhiwandi. Vu Technologies today launched a new range of PremiumSmart TV, powered by Quad-Core Internet Video Processor to tab the segment going for on-demand video content and gaming centre.

Source: dna May 12, 2016 22:57 UTC