The Videocon group on Saturday started manufacturing mobile handsets at its Salt Lake facility in the city. "We have started manufacturing of mobile handsets at our Salt Lake factory from on Saturday. This will be the first mobile handset manufacturing unit in the entire eastern region", Indrajit Ghosh, COO, of KAIL Limited (Videocon group) told agency.
KAIL Limited is a part of the Videocon group which also manufactures white goods such as refrigerators, ACs and LED TVs, among others. Ghosh said this would be the group's second mobile manufacturing plant after Aurangabad in Maharashtra. To start with, the Salt Lake facility would be manufacturing feature phones, which makes up almost 40 per cent share of the mobile phones market, Ghosh said, adding that the unit would also make smartphones and tablets.
With an initial investment of around Rs 50 crore, the production capacity here would be three million units per annum. Production of smartphones is expected to start during the Pujas, he said. In future, the facility would also manufacture mobile handsets of other companies as well.
The group had also set up a smartphone design centre at Shenzhen in China.
Discover the latest Business News, Sensex, and Nifty updates. Obtain Personal Finance insights, tax queries, and expert opinions on Moneycontrol or download the Moneycontrol App to stay updated!
Find the best of Al News in one place, specially curated for you every weekend.
Stay on top of the latest tech trends and biggest startup news.
