Micromax begins manufacturing smartphone handsets in Uttarakhand, India
by [email protected] · April 25, 2014
India’s second largest mobile company Micromax has started manufacturing handsets locally at its Rudraprayag facility in Uttarakhand.
The Rudraprayag plant has already been producing all the tablet devices Micromax currently sells in India, along with LEDs.
Company said -
“Micromax has manufacturing plant in Rudraprayag where it manufactures LED and tablets. The company started manufacturing mobile phones couple of months back.”
Micromax had an 8.9 per cent market share in Indian tablet PC segment, which stood at 4.14 million units in calendar year 2013. The company targets to almost double its revenue to $1 billion (over Rs. 6,000 crore) by end of financial year 2013-14 from revenue of Rs. 3,168 crore in FY 12-13.
Its yet to be seen whether the company will truly shift its manufacturing base to India, or will merely use its local plant to assemble components imported into the country.
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