Videocon Group has decided to start manufacturing of Videocon brand mobile handsets at their existing Salt Lake factory.
Initially, the company will manufacture around three million handsets, in both, the feature and smartphone categories. It is focusing more on the mobile phones market.
Presently, the company is manufacturing these handsets at its Aurangabad facility under both, Videocon and Sansui brands with a production capacity of three million units.
The approximate investment at Salt Lake facility will be Rs 50 crore and will create 500 jobs.
Videocon will source components from Chinese vendors and then assemble them at Salt Lake unit. The designs of the phones will be made in Shanghai and Shenzhen in China.
More Project Info:
Mobile Handsets (Salt Lake) Project