Yesterday I get to know that Micromax has launched its LED TV series.. As per news, the company has set up a one-lakh-square-feet manufacturing facility spread over five acres, with a production capacity of 2,000 LED TV units per day at Rudrapur, Uttrakhand.
They have launched TVs from price range of Rs. 15900 to 129000, all I can see that they have 5 TV models and the starter ie. entry level is only HD ready ie. 1366 x 768px .. nothing useful.
Though they have given us something between premium and then cheap and affordable price, I was hoping their foray into TV will help us to get TVs at cheaper price.. but I doubt it. Already we are buying TVs at very big margin, companies are almost making 100% profit in their LED TV range..
What do you think ?