 "Micromax opens second manufacturing plant in Hyderabad")
Micromax, the home-grown mobile phone maker, inaugurated its manufacturing facility at the semiconductor hub Fab City in Hyderabad (Telangana). In the first phase, the company has already invested over Rs 100 crores in the project, which will manufacture mobile handsets, LED TVs, LED lights etc for Micromax brand.
Rajesh Agarwal, co-founder, Micromax, commented, “By 2017, we aim to be India’s first and largest indigenous phone manufacturer. We have been the front runners for the 'Make in India' initiative, by assembling the products locally and quickly ramping up and building capacity of complete manufacturing in close partnership with the Government. We are grateful for the support of government of Telangana for providing a slew of incentives, provisioning of all approvals and compliances in a time bound manner and providing necessary infrastructure and conducive ecosystem for conduct of business.”
The Telangana manufacturing facility has been made operational from scratch in flat six months and will have the capacity to manufacture one million mobile phone devices per month. The facility currently employs 700 people and will increase the number to 1000 employees in the next two months, boosting employment opportunities in the State.
Bhagwati Products Limited’s second plant in Hyderabad has the capacity of producing one million smart phones a month in the first phase. It also has a provision for expansion and a provision to manufacture LED TV and other electronic equipment in the future. Bhagwati Products Limited also has its own R& D facilities at its Rudrapur plant and intends to strengthen it further by setting up a R&D center at Hyderabad.
Rajesh Agarwal, co-founder, Micromax, commented, “By 2017, we aim to be India’s first and largest indigenous phone manufacturer. We have been the front runners for the 'Make in India' initiative, by assembling the products locally and quickly ramping up and building capacity of complete manufacturing in close partnership with the Government. We are grateful for the support of government of Telangana for providing a slew of incentives, provisioning of all approvals and compliances in a time bound manner and providing necessary infrastructure and conducive ecosystem for conduct of business.”
The Telangana manufacturing facility has been made operational from scratch in flat six months and will have the capacity to manufacture one million mobile phone devices per month. The facility currently employs 700 people and will increase the number to 1000 employees in the next two months, boosting employment opportunities in the State.
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Spread over 19 acres, this is the second manufacturing plant of Bhagwati Products Ltd, the manufacturing arm of Micromax, in India. Bhagwati Products has its first plant in Uttrakhand for manufacturing mobile phones, tablets, LED TVs, dongle, and their spares and accessories as OEM supply to Micromax Informatics Ltd with the capacity to produce 16 lakh mobile phones, 1 lakh LED TV, 1 lakh tablets, and 4 lakh Dongles per month. The company has already gone for backward integration for manufacturing LED TV panel.
Bhagwati Products Limited’s second plant in Hyderabad has the capacity of producing one million smart phones a month in the first phase. It also has a provision for expansion and a provision to manufacture LED TV and other electronic equipment in the future. Bhagwati Products Limited also has its own R& D facilities at its Rudrapur plant and intends to strengthen it further by setting up a R&D center at Hyderabad.