Latest NewsNews SnippetsTelecom, Internet

Zetwerk to Invest 1,000 Cr. in its Electronics Manufacturing Business

Zetwerk Manufacturing Businesses Pvt. Ltd., headquartered in Bengaluru, plans to invest Rs. 1,000 crore for expanding its electronic manufacturing business. Through this investment Zetwerk aims to enhance production capabilities for smartphones, televisions, laptops, and telecom equipment.

The company intends to increase its production capacity from 16 assembly lines at its Noida factory to 60 assembly lines spread across six new manufacturing facilities. This expansion will also include surface-mount technology lines and PCB assembly. Currently, Zetwerk manufactures 2 million smartphones a month for local brands and is planning to scale up its capacity for serving international brands. After this expansion, the company’s combined manufacturing capacity for mobile phones, hearables, and wearables will be at 4 million units per month.

Additionally, Zetwerk is establishing a computer device facility in Bangalore to manufacture motherboards, desktop PC power supplies, and other electronic components for major multinational corporations and Original Equipment Manufacturers (OEMs).