“Micromax has manufacturing plant in Rudraprayag the place it manufactures LED and tablets. The corporate began manufacturing cell phones couple of months again,” a Micromax spokesperson informed PTI.
The spokesperson added Micromax is producing all of the tablets which can be being bought in India at this facility however cell phone manufacturing is at preliminary stage.
As per the trade knowledge, Micromax is the second largest gamers in each cell phone and pill PC market in India.
The corporate had 13 per cent market share in complete cell phone section and 16 per cent in smartphone market in final quarter of 2013 as per market analysis agency IDC.
Micromax had 8.9 per cent market share in Indian pill PC section which stood at 4.14 million items in calendar 12 months 2013.
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The corporate targets to virtually double its income to USD 1 billion (over Rs 6,000 crore) by finish of economic 12 months 2013-14 from income of Rs 3,168 crore in FY 12-13.
Micromax didn’t touch upon newest income determine.