The new facilities will not only assemble smartphones, tablets, servers and IoT devices but also manufacture key electronics components such as displays and mechanics, signalling a deeper shift into component-level value addition.
The eight-month-old venture is targeting enterprise-grade SSDs and is working with OEMs which manufacture servers, laptops, and storage solutions
The company has outlined a decade-long roadmap to build India’s electronics component supply chain and is in the final stages of securing key partnerships.
Micromax has signed a strategic contract with Jinchen to establish a 5GW advanced solar module manufacturing line as part of this expansion. The project will be implemented in multiple phases, integrating cutting-edge automation and high-efficiency production technologies to create cost-effective, high-quality solar solutions.