Cellphone makers to set up manufacturing hub in Andhra

Three domestic mobile device makers—Micromax Informatics Ltd, Karbonn Mobile India Pvt. Ltd and Celkon Impex Pvt. Ltd—are coming together to set up the country’s first mobile phone manufacturing hub at Tirupati in southern Andhra Pradesh, giving a fillip to the Union government’s Make in India initiative.

“From what I have heard they got a very sweet deal with the government. This could very well be the start of something new,” said Sanchit Vir Gogia, chief analyst and group CEO, Greyhound Research

“This kind of coming together is a very difficult task for a lot of organizations. When such big brands come together, second degree and third degree suppliers will start coming together because they will realize ultimately that manufacturing lines are the same,” he added.

Source: Livemint

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