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Intex to open new manufacturing unit in 2017

rahul1117kumar

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Intex is planning to open a manufacturing unit in Greater Noida which will be spread over eight hectares, and operations are expected to start in 2017, according to a statement issued on Tuesday.

Three out of five manufacturing facilities by Intex are located in Noida which commenced their operations in 2015 while the other two are located in Baddi in Himachal Pradesh and Jammu in Jammu and Kashmir, with operations dating back to 2010 and 2004 respectively.

The statement quoted a Counterpoint Technology Research report ​​on Intex's manufacturing plant as saying the proposed
facility in Greater Noida will have a mobile handset manufacturing capacity of 35 million units per annum.

“Intex is associated with manufacturing in India since 2001 and the company is manufacturing about 2 million phones per month presently”, said Amitabh Khurana, head of manufacturing, Intex Technologies. “By mid of 2016, up to 30-40% of components used in the production of mobile phones will be manufactured in India via technical JVs (joint ventures). The target is to manufacture the complete unit of mobile phone including components in India in a year’s time.”

Intex has focused on ramping up domestic production capacity since 2015 and has plans to ensure the phones become more cost competitive and also, greater control over the design and quality of its products.

“The push given to domestic manufacturing through Make in India campaign will prove to be the growth engine for the Indian economy and will be the key to achieving the objective of unleashing India’s manufacturing prowess”, said Narendra Bansal, Chairman & Managing Director (CMD), Intex Technologies. “We wholeheartedly support this and in line with that, we are associated with manufacturing in India since 2001 and are continuously increasing the capacity.”

Intex to open new manufacturing unit in 2017 | ET Telecom
 
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