About Us

Videocon Industries Limited

Videocon Industries Limited (“VIL” or the “Company”) is the flagship company of the Videocon Group, a conglomerate founded in 1984 by late Shri Nandlal Madhavlal Dhoot. The Videocon Group has presence in various verticals such as Consumer Electronics and Home Appliances, Oil & Gas, Real Estates and Retail.

VIL was incorporated on 04th September, 1986. The Corporate Identification Number of Videocon Industries Limited is L99999MH1986PLC103624 and is under jurisdiction of Registrar of Companies, Mumbai. VIL is a Public Limited Company listed on the BSE Limited and National Stock of India Limited. The Registered Office of the Company is situated at 14. K.M Stone, Aurangabad, Paithan Road Village, Chittegaon, Maharashtra. VIL has manufacturing facilities at Chittegaon, Bharuch and Warora.
VIL operates in the business of Consumer Electronics and Home Appliances and Oil & Gas, directly and through subsidiaries and Joint Ventures.

VIL's business(es) on standalone basis are divided into two segments:

• Manufacturing, Assembly, Marketing & Distribution of consumer electronic products and home appliances (CEHA Business) inter-alia including air conditioners, refrigerators, televisions, washing machines and mobile phones and tablets.

• Oil & Gas.

VIL operates primarily in the businesses of CEHA and Oil & Gas and in other business sectors through subsidiaries and joint ventures.

Previously, Videocon International Ltd. was the flagship company of the Group. It was incorporated in 1985 and was engaged in the manufacture of TV sets, tape recorders, electronic tuners, extra high tension (EHT) transformers, audio tape deck mechanism, etc. at its manufacturing base in Aurangabad, Maharashtra. Videocon International Limited also had interests in manufacturing of other consumer electronics products including washing machines, refrigerators etc. In 2005, Videocon International Limited was merged into Videocon Industries Limited. Through various sister concerns, it had assembly units at number of locations in the country viz. Gandhinagar, Kashipur, Bhuj, Hyderabad, Bengaluru and Kolkata. In July 2005, the group acquired controlling stake in Electrolux Kelvinator Ltd. (EKL), a domestic subsidiary of AB Electrolux, a Swedish company. EKL had production facilities at Warora and Butibori in Maharashtra and Shahjanpur in Madhya Pradesh respectively. Following the merger, Videocon acquired the manufacturing facilities of EKL and also the license to use its brands in India. EKL was later merged into VIL in July 2006.Further, Videocon made a major overseas acquisition in September 2005 by acquiring the worldwide Colour Picture Tube (CPT) business of Thomson SA, France through its overseas subsidiary/entity. Thus the acquisition provided Videocon with a global footprint with five international manufacturing facilities located at Italy, China (2), Poland and Mexico and Thomson SA’s R&D centres in China and Italy.

Consumer Electronics and Home Appliances business:

The Company engages in the manufacture, sales and service of the following types of products:

- Television - Refrigerators - Washing Machines - Air Conditioners - Other small appliances


There are more than 100 models from 24” to 98” display across various categories. The Videocon LEDs has many advanced features. Videocon’s FPD TV Some of the many advanced features of Videocon’s high-end TVs include Ai Smart TV (understands your preference of viewing, favourite choices, order of priority and provides you with a customized viewing experience by organizing and programming as per your preferences and is powered with android operating system); Liquid Luminous Display (enables the TV screen to reproduce up to 95% of the visualization capability of the human eye, whereas conventional LED screens are able to deliver only up to 72% in this regard); 4K Ultra HD (best in class display with crystal clear picture), Wireless display connectivity (Screen Mirroring without use of HDMI or VGA cables) and Star rated (“Go Green” initiative for power saving in compliance with BEE norms).


There are more than 50 models ranging from 47 liters to 657 liters and Direct Cool Technology. Videocon’s refrigerators are designed keeping the Indian consumer’s needs and choices in mind. Apart from the high quality in design and manufacturing, they also carry the signs of innovativeness that distinguish the company’s other products inter-alia including Most energy Efficient (certified by Bureau of Energy Efficiency); Varied power rating to suit your electricity consumption tolerance, with up to 5 star rating in direct cool category; Highly durable compressor; Humidity Control; Photosis Fresh (technology that helps to keep the fruits and vegetables breathing inside the refrigerator); Active air-flow; Wine rack; Cool booster pack with a lower melting point than ice; Toughened glass; Chiller tray with bottle storage for beverages best served chilled and PCM/VCM finish doors with high gloss and designer patterns for greater aesthetic appeal.

Washing Machines:

There are more than 40 models ranging from 5.5kg to 10 Kg. Videocon was the first company to introduce washing machines in India. Videocon expanded its product portfolio to Fully Automatic Top loading and Fully Automatic Front loading in sizes ranging from 5.5 Kg to 10Kg. Videocon fully automatic washing machines has vibrant colours and aesthetically superior looks, water saver function, multiple wash selection option, lesser water consumption and higher performance continues to be a popular series. In Semi-Automatic Category, development with vibrant colours and aesthetically superior looks and multiple wash selection option was done across the models.

Air conditioners:

There are more than 65 models ranging from 1 tonne to 2 tonne. Videocon Air conditioners has best of features and includes Non CFC - Refrigerant AC development with Ozone friendly refrigerant R410a development for environment protection against Global warming and Ozone layer depletion; Inverter AC development i.e. Energy efficient Air-conditioner, Energy consumption reduction and better comfort for customer due to variable speed compressor running through DC Inverter Technology; G mark and CB approved air-conditioner models for export; and Energy efficient AC development as per the new ISEER rating norms by BEE.

Small Home Appliances:

VIL’s small appliances include microwave ovens, Oxy fryers, induction cooktops, toaster, sandwich maker, rice cooker, Iron and Heaters.

Oil and Gas Business

VIL has interests in key oil and gas acreages in India and overseas in Brazil, and Indonesia. The interest in the domestic Ravva block is directly held by VIL while the PI in the overseas oil and gas assets is owned through Videocon Hydrocarbon Holdings Ltd (VHHL), a wholly-owned step-down subsidiary of VIL incorporated in Cayman Islands. However, in case of the Brazil assets, the PI is held by a company named IBV Brazil PetroleoLimitada, which is a 50:50 JV of Videocon Energy Brazil Limited (a 100% subsidiary of VHHL) and Bharat Petro Resources Ltd (“BPRL”, a wholly-owned subsidiary of BPCL).

A brief summary of these assets is given below.

Ravva Asset:

The PKGM-1 block or the Ravva block is a mature shallow water asset (depth 5 to 40 meters) located in Krishna Godavari Basin, off the Andhra Pradesh coast. The block was discovered in 1987 by ONGC and the block began production in 1993 with approx. 3700 barrel oil per day. Government of India (GOI) made the Ravva field (along with several other fields) available for foreign investment in 1994 in an effort to increase the country’s oil and gas production and also to bring in best of class technologies. The production sharing contract for the block was signed in October 1994 for a period of 25 years and is valid till October 2019.

At the request of the Contractor, Government of India allowed extension of the PSC in accordance with the extension policy dated 28 March 2016. Accordingly, Government of India has extended the PSC by another 10 years till 27 October 2029 with some changes to the original PSC.

Cairn India Ltd. is the operator of the block. Apart from Videocon with a 25% PI, the other members of the consortium are as under:

Consortium Partners Total
ONGC 40.00%
Vedanta Ltd. (Formerly Cairn India Ltd.) 22.50%
Ravva Oil (Singapore) Pte Ltd. 12.50%
Videocon Industries Ltd. 25.00%
Total 100.00%

Overseas Assets

Videocon through its subsidiaries has participating interest in 8 overseas oil & gas blocks, of which 7 are in Brazil and one in Indonesia. Over the years, Videocon has also acquired technical capabilities for prospecting and playing an effective supporting role for development of its oil and gas assets. Videocon has partnered with leading international oil and gas companies like Anadarko, one of the world’s largest independent E&P companies in Campos Basin in Brazil, PT Pertamina in Indonesia while it has partnered with Petrobras (the National Oil Company of Brazil) in the Sergipe Basin containing the Barra, Farfan&Cumbe Discoveries. Besides, BPRL, E&P subsidiary of BPCL, is a partner in all these blocks. These blocks are estimated to hold significant oil and gas reserves and major discoveries have been announced.
Videocon’s ownership in these assets are governed by Production Sharing Contracts (PSC) with respective government/govt. authorities and other partners. The day-to-day operations are governed by the Joint Operating Agreement (JOA).
(A) Assets in Brazil

In Brazil, key discoveries have been made in two concessions viz. BM SEAL-11 and BMC-30.The details are given below.
  • i) BM SEAL-11 Concession
    The BM-SEAL-11 Concession comprises of four (4) ultra-deepwater blocks viz. SEAL-M-426, SEAL-M-349, SEAL-M-497 and SEAL-M-569, covering total area of 2,831 Sq.km in northeastern Brazil located in the Sergipe-Alagoas basin.
    Petrobras the National Oil Company of Brazil, having expertise in exploration and production from pre-salt deepwater basin, is the operator of the concession. VIL holds 20% PI in the concession via IBV Brazil Petroleo Limitada, a 50-50 JV Company with Bharat PetroResources Ltd. (BPRL) - a wholly owned subsidiary of Bharat Petroleum Corporation Ltd. (BPCL).
    There have been major hydrocarbon discoveries in the BM-SEAL-11 concession where Barra is gas and condensate in the Maastrichian zone; Farfan and Cumbe are oil and gas discoveries in Campanian and Cenomanian zones. These are significantly large discoveries and have opened up a new oil and gas frontier other than pre-salt discoveries in Brazil.
  • ii) BMC-30 Concession
    The BMC-30 Concession in the Campos Basin is located offshore to the Rio de Janeiro and Espirito Santo Statescovering an area of 716 sq.km.Wahoo is a major oil discovery made in this concession.
    Anadarko, one of the world’s largest independent E&P company, is the operator of this Concession and the group has 12.50% Participating Interest (PI) in the concession which is held through IBV Brazil PetroleoLimitada, a 50-50 JV Company with BPRL.
  • iii) Potiguar/BM-POT-16
    Videocon has participating interest in two blocks in Potiguar Basin Concession. Potiguar Concession Contract POT-M-16 was signed in 2006 covers an area of 1,535 sq. km. Petrobras is the Operator with 30%. The group has a 10% participating interest in the Concession, which is held through IBV Brasil Petroleo Ltda, a 50: 50 JV Company with BPRL.

(B) Assets in Indonesia

The Nunukan block in Indonesia is located in the Tarakan Basin on the continental shelf of northeast Kalimantan, which is around 450 km north of the prolific oil & gas producing Kutei Basin. The total area covered under the block currently is around 1,470 sq. km.PT Pertamina (PHENC), the national oil company of Indonesia,is the operator and owns 64.5% PI in the block. Videocon owns 23% PI in the Nunukan block in Tarakan Basin, Indonesia. Initially, only Badik discoveries were there and subsequently there have been significant discoveries of Oil& Gas in Parang.