Promoters of Karbonn Mobiles partners with Water World Technology Co. to launch Million Club Manufacturing (MCM) in India
New Delhi – July 29, 2015 – Mr. Sudhir Hasija & Mr. Pradeep Jain, Promoters of Karbonn Mobiles partnered with Water World Co. to launch Million Club Manufacturing (MCM) in Noida, India, today. Aligned with the ‘Make in India’ campaign to boost local manufacturing, the plant is set up with the objective to fulfill the mobile manufacturing needs of companies domestically and internationally. The initial investment made to set up the unit is INR 50 crores; and INR 100 crores will be invested in the next stage of development. Spread across 1,50,000 square feet, the manufacturing unit employees close to 2,000 technicians and has the capability to produce 1.5 million phones per month.
The unit was inaugurated today and Dr Ajay Kumar, Joint Secretory, Department of Electronics and Information Technology (DeitY) and Mr. Pankaj Mohindru – National President, Indian Cellular Association were present at the inauguration ceremony.
“India is one of the fastest growing mobile phone markets, and device makers are keen on setting up manufacturing units here to cater to the flourishing demand. The manufacturing unit will be a great opportunity to mobile companies to start local production. As part of the plan, the manufacturing unit will have a capacity to produce 1.5 million phones per month. We are looking to scale up to 3 million phones per month in one year”, said Mr. Sudhir Hasija, Director, MCM.
“This is great news for domestic as well as global mobile phone makers who are aggressively pushing their businesses in India. This manufacturing unit is a state of the art facility and is a testimony to the efforts being made by mobile phone makers, ensuring the ‘Make in India’ initiative is a huge success”, said Michael Qui, G.M. Operations, MCM.
