Datawind plans manufacturing unit in Hyderabad
Low cost mobile manufacturer Datawind has announced that it has signed a memorandum of understanding (MoU) with the Telangana government to set up a manufacturing unit in at Hyderabad. The company plans to initially invest Rs 100 crore in the project.
What is interesting is that the production in the facility is expected to start within the next three months and the company feels that initially it will create around 500 jobs in the first phase of operations. The numbers will definitely increase in the upcoming phases.
While signing the MoU, Mr.JayeshRanjan, IT Secretary, Telangana said, “Telangana is happy to invite investments in the state. We are happy that the company who connected the forgotten billions to the digital age has decided to put up their manufacturing unit in Hyderabad. This will boost the industrial scenario of the state and shall generate ample employment opportunities.”
The manufacturing facility is expected to have a capacity of 5,000 units a day which translates to two million units in a month. The production facility will come up close to the Hyderabad airport.
In the last couple of months India has been witnessing a lot of investments being announced in the mobile manufacturing space and this is primarily due to the government’s impetus to