SEARCH

Adit Infratel Achieves New Milestone

Adit Infratel Pvt. Ltd., brand owners of Advent has commenced India’s first and only lithium polymer embedded battery manufacturing facility at Manesar, Haryana. Involving an overall investment of Rs. 25 crs, the initiative is part of company’s ‘Make in India’ strategy promoted by the Govt. of India to boost local manufacturing, reduce dependency on imports and create large scale impact on the domestic economy through job and wealth creation.

Spread over 10000 square feet, the state of the art facility has an installed capacity of 60,000 mobile batteries and 20,000 mobile chargers per day. With the commencement of Manesar facility, the combined manufacturing capacity of Adit Infratel including the unit at Parwanoo, HP, will stand at 95,000 mobile batteries, 25,000 mobile chargers and 4000 power banks per day. The company aims to generate Rs.335 crs in revenues from the facility over the next 4 years. 

Speaking on this significant development, Vikram Kalia, Director Sales & Marketing, Adit Infratel Pvt Ltd, stated, “We are one of the largest players in the OEM mobile battery segment and the GoI’s Make in India campaign has provided us with the right impetus to become a dominant player. The state of the art unit at Manesar set up at an investment of Rs. 25 crs adds another feather to our cap by being the first and only lithium polymer embedded battery facility in the country. It will allow us to augment our local manufacturing capacity to cater to the exploding demand for smartphones and also produce more efficiently, thanks to greater control over the entire chain. We hope to significantly increase our topline to Rs. 335 crs over the next 4 years by leveraging our existing OEM relationships with leading brands and also forging new ties.’ 

21-Mar-2016 07:39:36
CURRENT ISSUE Print Media
EMAIL SUBSCRIPTION
Name
Email