Sharp introduces full HD Monitors in India

Bangalore, June 5: Market leader in display monitors, Sharp Business Systems (India) today launched a full high definition LCD information display and aims to capture a sizeable business of the growing monitor business in India estimated to touch Rs 1000 crore by 2010.

Sharp Business Systems (India) Managing Director T Mori told newsmen here that the company planned to invest a sizeable amount to aggressively grow in India. The company had built a strong base and aimed to encash on it by further expansion. However he would not hazard to indicate the investment amount and the future plans. The current Indian market for LCD monitors of over 40 inch was Rs 400 crore.

The new plant of Sharp in Kameyama in Japan would roll out the full HD LCD Monitors with eighth generation mother glasses. There was no factory in the world that could rival the Kameyama plant, both in quality and scale, he added.

Sharp business systems and consumer electronics division put together have a sales of Rs 350 crore currently and this was expected to multiply considerably in the future with the ambitious expansion plans, Mr S K Sinha Chief Executive of the company said.

UNI