Micromax is going to invest Rs 300 crore over the next few months as it is setting up three new manufacturing units in India for the purpose of increasing the domestic production and to lower dependence on imports from China.

The new plants are going to be set up in Rajasthan, Telangana and Andhra Pradesh and will become operational over the course of next year.

Rajesh Agarwal, Micromax co-founder said that “We have been allotted 20 acres land in Telangana and the civil structure is almost ready. Similarly, in Rajasthan, we have got 25 acres land and construction will start in a few days. Tirupati will also start soon”.

He further added that once all the units are functional, the company will be having a capacity of about 4 million units.

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