Electronics manufacturing company Elista India, is planning to invest Rs 350-400 crore for the next three years to meets its revenue target of Rs 1,500 crore by 2025.
The firm has set a target of Rs 500 crore from the domestic market and Rs 1,000 crore to be gained from exports to CIS countries, Middle East and Africa markets.
The consumer electronics brand will initially focus on manufacturing televisions and further expand into home appliances, IT peripherals and other products. It is awaiting the allocation of land to commence its manufacturing operations in the southern part of India.