Intex Technologies has said that it is riding on the success of its handset business to scale up its revenue.
"Nearly 70 percent of our turnover comes from the mobile phone business. We have grown 100 percent from the last year to reach a turnover of Rs. 4,000 crores ($625 million) in 2014-15 and at least Rs. 2,800 crores came from the mobile handset business," Sanjay Kalirona, senior general manager for mobile business at Intex, told IANS in an interview.
The Delhi-based company, which has two manufacturing units in Jammu and one in Baddi, will also open another unit ready for operation at Noida by June-end.
"We are targeting revenue of Rs. 9,000 crores for the financial year of 2015-16 of which Rs. 7,500 crores is expected to come from the handset business. Hence we are growing at a rate of over 100 percent year-on-year ," Kalirona said.
The company, which has over 6,000 employees, is positioned second in the market with a share of seven percent when it comes to domestic manufactures according to anIDC report.
http://m.gadgets.ndtv.com/mobiles/news/intex-says-banking-on-mobile-phone-business-for-growth-703564
"Nearly 70 percent of our turnover comes from the mobile phone business. We have grown 100 percent from the last year to reach a turnover of Rs. 4,000 crores ($625 million) in 2014-15 and at least Rs. 2,800 crores came from the mobile handset business," Sanjay Kalirona, senior general manager for mobile business at Intex, told IANS in an interview.
The Delhi-based company, which has two manufacturing units in Jammu and one in Baddi, will also open another unit ready for operation at Noida by June-end.
"We are targeting revenue of Rs. 9,000 crores for the financial year of 2015-16 of which Rs. 7,500 crores is expected to come from the handset business. Hence we are growing at a rate of over 100 percent year-on-year ," Kalirona said.
The company, which has over 6,000 employees, is positioned second in the market with a share of seven percent when it comes to domestic manufactures according to anIDC report.
http://m.gadgets.ndtv.com/mobiles/news/intex-says-banking-on-mobile-phone-business-for-growth-703564
