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Micromax Opens Manufacturing Facility in Hyderabad

Mobile phone manufacturer Micromax on Thursday opened its new manufacturing facility which will have the capacity to manufacture one million mobile phones per month. The unit, which opened at Fab City in Hyderabad, currently employs 700 people and will increase the number to 1,000 in next two months. Spread over His 19 acres, this is the second manufacturing plant of Bhagati Products Ltd. in India. The company made an initial investment in the unit which also has provision for expansion to manufacture LED TV and other electronic equipment in the…

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China’s Huawei Evaluating Mobile Phone Manufacturing in India

China-based Huawei is evaluating ways to start production of mobile phones in India through contract manufacturing in association with Foxconn and is currently studying the business models and tax incentives. A delegation of Huawei, led by its India CEO Jay Chen, met Telecom Minister Ravi Shankar Prasad on Friday and apprised him of its expansion plans for the country. “We had a very elaborate talk and they have said that till now they have invested $2 billion (roughly Rs. 13,309 crores) in India in the last 16 years,” Prasad said….

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