Make In India

Micromax to Setup 3 New Manufacturing Facilities in India

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Micromax, a leading handset maker in India is planning to invest INR 3 billion to setup three new manufacturing facilities in the country. The new plants will be setup in Rajasthan, Telangana and Andhra Pradesh which will be operational by 2016.

“We have been allotted 20 acres land in Telangana and the civil structure is almost ready. Similarly, in Rajasthan, we have got 25 acres land and construction will start in a few days. Tirupati will also start soon,” Micromax co-founder Rajesh Agarwal.

“We will be able to provide employment to some 3,000-3,500 people in each factory… This is more than ‘Make in India’, it’s about making India a hub for electronic manufacturing as our electronics (import) bills will overshoot our crude bills in the next few years given the heavy demand,” he said. Read more

 

Sweekar S

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