09-05-2005
JVC Plans Reentry in Pakistan with Assembly Plant
via www.jang.com.pk
The Victor Company of Japan (JVC) a household name of yesteryears in home entertainment has planned a grand comeback in Pakistani market. JVC established in 1927 produced its first television in 1940 and in 1976 introduced world’s first VHS-Video Recorder changing the concept of home entertainment. Replying to a query regarding the worth of the assembling plant, Haider Ali said, “I have planned to invest millions of dollars for setting up the assembling plant.”