Micromax, Celkon, Karboon and Lava are the Indian companies we all are familiar with. With the recent wave of ‘Make In India‘ these companies have decided to start their manufacturing unit in a manufacturing hub in Tirupati.
The foundation stone for The Sri Venkateshwara and Electronics Manufacturing hub was laid by Prime Minister Narendra Modi on his visit to Tirupati. The four companies are going to set up their manufacturing units in a 122-acre space. Out of this Celkon and Lava will each have a 20-acre space whereas Micromax will get 15-acres and Karbonn will have 15.28 acres. All the companies are aiming to manufacture more than 7 crore mobile phones every year.
Above companies are going to invest Rs. 2,000 crores in phases in this manufacturing unit. According to reports, these manufacturing units are going to create more than 45,000 direct and indirect jobs for people with with the of Electronic Manufacturing Cluster. The hub will not only manufacture smartphones but it will also manufacture different accessories like earphones and travel adapters. According to Celkon, the company will start manufacturing within 6 months from now and are mainly going manufacture smartphones and tablet PCs.
We have already seen companies like OnePlus, Asus, Coolpad, Vivo, HTC, Sony, Videocon, Microsoft, LG, Motorola, Xiaomi, Gionee etc. manufacturing their handsets in India. It will be great to see 4 more companies joining the ‘Make in India’ Campaign.