Just In
- 6 hrs ago Dell Introduces AI-Powered Laptops and Mobile Workstations for Enterprises in India
- 8 hrs ago Meta AI Powered by Llama 3 Takes Aim at ChatGPT and Gemini: All You Need to Know!
- 8 hrs ago OnePlus Ace 3 Pro Leak Hints at New Design; Expected Launch, Specifications We Know So Far
- 9 hrs ago Vivo V30e Launch Date in India set for May 2: Flipkart Availability Confirmed
Don't Miss
- Sports Today's IPL 2024 Match Highlights, LSG vs CSK: Five Key Points as KL Rahul powers Lucknow to Crucial Victory
- News TDP Candidate Dr G Laxmi Pauses Lok Sabha Election Campaign To Perform Caesarean
- Education Exam Pressure Does Not Exist; Studying Punctually is Crucial; Says Aditi, the PSEB 2024 Topper
- Movies When Karan Johar Revealed Sara Ali Khan And Janhvi Kapoor Once Dated Siblings On KWK 7, Guess Who?
- Finance Reliance, ONGC, Tata, Adanis: Energy Stocks Didn't Get The Memo Of Bears, Up 12% In 30-Days; 10 Stocks To BUY
- Lifestyle Met Gala 2024: Date, Theme, Venue, Guest List, All You Need To Know About The Fashion Event
- Automobiles Suzuki Swift Hatchback Scores 4 Star Safety Rating At JNCAP – ADAS, New Engine & More
- Travel Journey From Delhi To Ooty: Top Transport Options And Attractions
Spice Mobiles Handset Assembly plant to begin Production soon
Mobile handset maker Spice Mobiles' handset assembling unit at Noida is likely to begin commercial production by June. "The Noida handset manufacturing unit will be ready by June-end," Spice CEO (handset) Amandeep Singh said.
To begin with, the company would produce feature phones and then would also engage in making smartphones, he added. The company would import handsets in SKD (Semi Knocked Down) form and manufacture the same in the assembly unit, which cost Rs 7-8 crore (without land valuation), Singh said.
Recommended: Best of Android Lollipop: Top 10 Smartphones To Buy in May 2015
He added that the company had a manufacturing facility at Baddi in the past, but due to labour troubles the unit was closed down. Singh said the company has decided to focus on the sub-Rs 4,000 segment in the tier II and tier III markets and has streamlined its distribution strategy, focusing at customer service.
"With aggressive new launches in the sub-Rs 4,000 (category) we aim to garner 15-20 per cent of the Rs 3,000 crore per month market in the next two years," Singh said. Realising deficiency in product quality in the past, the company has set up a team to concentrate on quality and inspection of the handsets shipped to India, he added.
Recommended: 15 Best Exchange offers on hot-selling Smartphones in India
Spice chief marketing officer Rajiv Sethi said the handset maker would spend Rs 100 crore over the next few months on branding exercise. Spice Mobiles, part of the diversified Spice Retail Ltd, is a Rs 1,200-crore business.
Source: PTI
-
99,999
-
1,29,999
-
69,999
-
41,999
-
64,999
-
99,999
-
29,999
-
63,999
-
39,999
-
1,56,900
-
79,900
-
1,39,900
-
1,29,900
-
65,900
-
1,56,900
-
1,30,990
-
76,990
-
16,499
-
30,700
-
12,999
-
62,425
-
1,15,909
-
93,635
-
75,804
-
9,999
-
11,999
-
3,999
-
2,500
-
3,599
-
8,893