Hotline Glass belongs to the Hotline group of companies and was set up in 1993 with the objective of meeting the in-house demand of black and white glasses. It was set up at Malanpur in Madhya Pradesh in technical collaboration with Picvue of Taiwan to manufacture glass parts for black and white picture tubes with a capacity of 5.5 million sets per annum.
The company currently manufactures a wide range of glass parts for black and white and color picture tubes from 10 inches to 21 inches. The company produces its products mainly for two customers, namely Hotline Teletube & Components for black and white glass parts and Hotline CPT for color funnels.
Its head office is located in New Delhi. The installed production capacity of the company is 11 million glass parts for picture tubes.
Milestones:
1992 The Company was incorporated on 15th June and obtained the certificate for commencement of business on February 22, 1993. It was promoted by Anil K Gupta and Hotline group of industries in technical cum-financial collaboration with PICVUE Electronics (Taiwan). The company undertook to set up a project for manufacture of glass parts (panels & funnels) for B & W picture tubes, used in Black and White TVs. A part of the forming equipment was imported from PICVUE viz. the two presses were bought second hand at a cost of $2,911 million. The company entered into an agreement with PICVUE for technical know-how, financial participation and buy-back tie up. The period of agreement was 8 years from commercial production or 10 years from the date of agreement dated 17th December, which was later.
The company also appointed G.D. Techno as architects and consultants for utilities and would be responsible for finalizing civil structural design and drawings for buildings as well as specific design for PICVUE.
1993 The company undertook to promote a unit for manufacture of colour tubes in collaboration with Glodston Co.,Korea with an initial capacity of 1-2 million picture tubes per annum.
1996 The company's sales and production declined due to overseas supplies dumping Black and White glass parts at very low prices. Commercial production from the third press commenced and glass parts for 17 Black and White picture tubes were developed.