Hermetically sealed compressors for a refrigerator have been in production in India since 1962. I don't see how this is a major achievement though.
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Even Walton doesn't dispute this. From their Annual report.
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2nd in SAARC.
Another major manufacturer is Tecumseh India Pvt Ltd with an installed capacity of 4.5 million units between 2 plants.
/PRNewswire/ -- Tecumseh, a global leader of innovative commercial refrigeration technologies, officially opened its state-of-the-art Global Technology Center...
www.prnewswire.com
They also have an R&D facility here, so you can pretty much say that there are Indian design inputs in refrigerator compressors manufactured elsewhere.
Tata is setting up an $820 million mobile phone components manufacturing plant on 500 acres in Tamil Nadu. Let's see what comes out of that facility.
Is there a display plant in Bangladesh? I don't think so.
The Tamil Nadu government has cleared a proposal by Tata Electronics to set up a mobile phone components manufacturing plant
www.eletimes.com
You mean this?
I found the location on Google Maps & could only see acres of land filled with what looks like sand. Looks like you are counting chickens before they hatch. Also, can you give me details of those investments?
India already manufactures $24 billion worth of mobile phones & has plans to become a major exporter (present exports $3.3 billion). Not going to make predictions or projections about this though until they realize 50% of it.
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Same with semiconductors, which you asked about. Again, I will talk about it when I see it being realized.
Tata Group looking to foray into semiconductor manufacturing: N Chandrasekaran
What's not well known is why their value addition for TVs (from their AR) is so low if they manufacture even the panels from the raw material. Or why they should even invest in one if their volumes are so low.
Also who exactly is assisting with the technology transfer? LG? Don't say it's your own proprietary technology while having a $350K R&D expenditure.
Bangladeshi universities didn't offer courses as basic as undergraduate courses in Aeronautical engineering until 2010, so I am not expecting much home-grown technological expertise.
Walton has a market share of 15% in Bangladesh's smartphone market of roughly7 million, that's a volume of 1 million sets and revenue of ~85 million. Bangladesh laptop market is at $165 million, I don't know Walton's share though. Doesn't look like a great revenue stream.