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Karbonn, the domestic handset vendor is going to invest Rs 200 crore for setting up a manufacturing plant at Tirupati in Andhra Pradesh.
Karbonn Chairman Sudhir Hasija said that “We are setting up an integrated facility at Tirupati. The plant, which will be operational by September next year, will have a manufacturing capacity of 500,000 units a month.”
He further said that “We currently have a monthly capacity of 1.8-2 million units and we are looking at scaling this up to 2.5 million by December next year,” and added that “By 2017, we will have miniscule imports as we will manufacture in India rather than just assembling here.”
