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Friday, April 10, 1998

Philips mulls options for WB unit

ENS ECONOMIC BUREAU  
CALCUTTA, April 9: The future of Philips India Salt Lake factory in Calcutta, which made colour television sets, is uncertain as the company's manufacturing base for TV sets has been shifted from this unit to its Pune plant in Maharashtra.

Sources among workers in the plant claimed that the management was seriously considering selling this plant. "Production of colour televisions in this plant is at its lowest ebb, and within a couple of days it will stop totally. With the management already making a formal declaration of shifting the production base to Pune, it is now a matter of time as to when this plant will be sold off," the sources said.

Copyright © 1998 Indian Express Newspapers (Bombay) Ltd.



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