"Since then, we have already sold over 5 million smart TVs and continue to be No. Last year, we started with 4K TVs and that has also seen strong growth. Nilakantan said the QLED TVs will be manufactured in India like its other smart TVs. "We had Dixon as a contract manufacturing partner for our TVs and recently, we signed up with another partner - Radiant Appliances and this will further augment our capacity as we start offering our 'Made in India' QLED TVs," he added. He, however, did not comment on the production capacity.He noted that the QLED market in India is at a nascent stage, accounting for about 0.5 per cent (about 60,000 units) of the 12 million units TV market in India.

Source: Economic Times December 07, 2020 10:43 UTC