Micromax opens manufacturing facility at Hyderabad

Mobile phone manufacturer Micromax opened its new manufacturing facility which will have the capacity to manufacture one million mobile phones per month.The unit, which opened at Fab City here, currently employs 700 people and will increase the number to 1,000 in next two months. Spread over His 19 acres, this is the second manufacturing plant of Bhagati Products Ltd. in India.The company made an initial investment in the unit which also has provision for expansion to manufacture LED TV and other electronic equipment in the future.Recently, At an even held in New Delhi, Micromax unveiled several devices which included a smartwatch, new televisions and new tablets as well. A total of 19 products were introduced out of which 15 were smartphones.In addition, the company also unveiled a new brand identity with the launch of its new logo and brand philosophy ‘Nuts: Guts: Glory’. Micromax invested in three new manufacturing units in India to ramp up domestic production and reduce dependence on imports. The company will have functional manufacturing units in Telangana, Madhya Pradesh and Rajasthan by 2017.With inputs from IANS