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Transsion Holdings mulls to set up second manufacturing unit

Wednesday, 25 Sep 2019
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Transsion Holdings, a manufacturer of mobile phones is exploring possibility for setting up a second handset manufacturing facility in the country.

The company is also looking to set up a full-fledged research and development (R&D) unit soon. At least five State governments have offered land for setting up the R&D unit.

The company is evaluating the proposal, and by 2020 or 2021 will take a call on setting up a R&D facility.

The company’s current manufacturing facility is at Noida, Uttar Pradesh with an annual capacity to manufacture 15,00,000 feature phones and 6,50,000 smart phones. The utilisation at the facility stands at near 100 percent.

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