DataWind to invest Rs. 100 crore to set up manufacturing plant in Hyderabad, signs MoU with Telangana Government

DataWind, the low-cost mobile device maker, signed a MoU today with Telangana Government for setting up a manufacturing unit in Hyderabad with an investment of Rs. 100 crore. It is expected that the facility would start the production within three months and would generate around Rs. 500 jobs in its initial phase.

The MoU was signed by Premier of Ontario, Kathleen Wynne and Jupally Krishna Rao, Canada and Telangana industries minister during an event as part of Ontario trade mission to India.

Suneet Singh Tuli, Chief Executive Officer and President stated that the facility would be having a capacity of producing around 20 lakh units of tablets and phones.

To start with, they would be starting with the production of around 60,000 units in a month and would be scaling it up over the next few months, he added. This will be the second manufacturing facility of the company after its Amritsar facility.

Mr. Tuli was there along with Canadian delegation which sought opportunities for investment in sectors like higher education, infrastructure, environment and energy.

Tuli added that the upcoming facility would be an assembly unit and that 70% of the production from both the facilities would be from domestic market while the rest would be exported to Mexico, Colombia, Nigeria and South Africa.

The company would produce end networks, smartphones and tablets and over a period of time, would set up a touch panel manufacturing facility which would vertically integrate the components that are being manufactured.