News on Medial

Zetwerk earmarks Rs 1,000 crore investments to grow its electronics business

Economic TimesEconomic Times · 8m
Zetwerk earmarks Rs 1,000 crore investments to grow its electronics business

Zetwerk, a manufacturing unicorn, has announced a Rs 1,000-crore investment to expand its electronic manufacturing capacity in various product segments, including IT hardware, mobile phones, and wearables. The company aims to become a leading original design manufacturer and electronics manufacturing services provider. It plans to increase its assembly lines from 16 to 60 across six facilities and is also investing in high-capacity computer device manufacturing. Zetwerk sees India's electronics manufacturing sector experiencing a transformative shift and aims to contribute to the country's development through this expansion. Additionally, the company has entered the TV manufacturing sector.

Comments

Download the medial app to read full posts, comements and news.