The new plants will be set up in Rajasthan, Telangana and Andhra Pradesh and will become operational over the course of next year.
"We have been allotted 20 acres land in Telangana and the civil structure is almost ready. Similarly, in Rajasthan, we have got 25 acres land and construction will start in a few days. Tirupati will also start soon," Micromax co-founder Rajesh Agarwal said.
He added that once all the units are functional, the company will have a capacity of about 4 million units.
"We will be able to provide employment to some 3,000-3,500 people in each factory... This is more than 'Make in India', it's about making India a hub for electronic manufacturing as our electronics (import) bills will overshoot our crude bills in the next few years given the heavy demand," he said.
Agarwal added that Micromax will invest about Rs 100 crore on each of the new projects.
Currently, the company has an assembly unit in Rudrapur, Uttarakhand that produces about one million units. This accounts for about 30-35 percent of its requirement and the remaining are imported from China.


Latest News  from Business News Desk