Indian mobile manufacturer Micromax on Thursday (April 14) started its new manufacturing facility at Telangana with a capacity to produce one million mobile handsets while generating huge employment opportunities.
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.
Rajesh Agarwal, co-founder of Micromax said, “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.”
K T Rama Rao, Minister for IT of Telangana said, “Telangana government strongly believes in the vision of ‘Make in India’ and has always encouraged corporates to establish their factories and R&D centres in the state. We are very happy that Micromax who has been a front runner in demonstrating technological prowess by bringing future disruptions at affordable price points and has chosen Telangana as the destination for setting up its manufacturing facility. We believe this partnership will provide new opportunities to youth of the state and develop an electronics manufacturing ecosystem of global standards in Telangana.”
The minister also added that this partnership will provide new opportunities to the youth of the state and develop electronics manufacturing ecosystem of global standards in Telangana.
The latest plant at Hyderabad will bring in the much needed employment and economic growth to the region creating thousands of jobs for the local citizens.
The company has already invested over Rs 100 crore in the project in the first phase.
BW Reporters
Haider Ali Khan is an alumnus of IIMC. He holds a degree in English Journalism from the prestigious campus. His passion includes Aviation, Technology, Politics and Sports.
