How Intex plans to expand, using post note-ban demand surge

The company to increase mobile phone production by 50%

In order to meet the post-demonetisation demand, Intex Technologies plans to increase mobile phone production by 50 per cent.

The home-grown mobile phones and consumer durables maker has the capacity to produce 35 million mobile phones. Of the total capacity, the company is achieving about 80 per cent production. 

With the increasing demand of smartphones after demonetisation and promotion of digital transactions, Intex technologies had decided to increase production. The company along with other domestic handset makers had been asked by the government to build a cheaper smartphone to promote digital transaction.

“We will be increasing the mobile phone production