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Thomson to open R&D center in India
French group Thomson, Technicolor parent, which has eight research and development centres worldwide, wants to locate a ninth centre in India in coming years, its chairman said.
Thomson already operates from three locations in India – in Bangalore, New Delhi, and Mumbai – with staff of around 150 in each involved mainly in post-production, video gaming and marketing.
A year ago company executives said they planned to locate more of Thomson business, notably film post-production and DVD manufacturing, in India to cut costs and to serve local clients.
In February, Thomson’s Technicolor Content Services business had made a strategic investment in Paprikaas Animation Studios in Bangalore to bolster its position in the fast-growing Indian entertainment industry.
The media and entertainment businesses, which include activities such as DVD replication, film post-production, professional broadcasting equipment and TV set-top boxes, are now the group's main growth drivers.
Story filed 25.03.07
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