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Intex to start manufacturing phones in Noida by 2017

intex

Handset manufacturer Intex is starting a new manufacturing unit in Kasna, Greater Noida in 2017. This 850,000 sq. ft. in area unit will also manufacture washing machines, apart from phones, LED TVs and mobile accessories.

Presently, Intex has five manufacturing units including three in Noida and one each in Jammu & Kashmir and Himachal Pradesh. These units manufacture multimedia speakers, smartphones, feature phones, mobile batteries, chargers and LED TVs. It is worth noting that the company began manufacturing smartphones only after setting up its Noida units in 2015.

According to Amitabh Khurana, Head, Manufacturing, Intex Technologies, the company presently manufactures about 2 million phones per month. According to an IDC report, Intex had a market share of 9.2% regained its third position in the market following Samsung and Micromax even with a drop of 10% in its shipment during Q1 FY’16. During the previous quarter, Intex’s 4G shipment nearly doubled, adds the report. It also states that there are more than 25 Vendors are now manufacturing smartphones locally in India.

Other mobile manufacturers that setup warehouses/manufacturing facility

Having approved the National Policy on electronics with a target of achieving a turnover of about $400 billion by 2020, the Indian government has been encouraging domestic companies to start manufacturing in India.

-In September, Gionee signed a MoU with the Haryana Government to set up a manufacturing unit in Faridabad with an initial investment of Rs 500 crore.
-In August, Chinese telecom and networking giant Huawei Technologies announced its plans to setup manufacturing plants in India, to locally manufacture smartphones in the country.-
In the same month, Chinese smartphone maker LeEco setup its first manufacturing facility in Noida with an investment of $5 million.
-In April, Micromax inaugurated a manufacturing plant in Telangana, with an initial investment of Rs 100 crore, where it would manufacture mobile phones, LED TVs and other electronics products.-
-In the same month, Oppo said it would setup a manufacturing unit in Noida with an investment of Rs 100 crore.

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    © 2008-2018 Mixed Bag Media Pvt. Ltd. Developed By PixelVJ