Hyderabad University

The company aims to hire 1,000 people, thus creating new job opportunities for R&D personnel, management personnel and skilled workers. The company said it has already invested Rs 120 crore at the new facility, and the rest will be invested in the next six months. This is the second manufacturing plant of Veira Group in India, the first being at sector 63 in Noida.

"We are excited to launch the all-new Thomson Alpha 32 smart TV, we want consumers to be part of digital India. Therefore, we are offering a price of non-smart, this will be one of the most affordable official smart TVs," Avneet Singh Marwah, CEO, SPPL, which is an exclusive brand licensee of Thomson in India, said in a statement.