June 26, 2015
Videocon to set up mobile making unit in Bengal
The Videocon Group will invest approximately Rs 50 crore to set up a mobile handset making facility in West Bengal. This was announced after senior functionaries of the company met West Bengal Finance and Industries Minister, Dr Amit Mitra at Nabanna.
According to Anirudh Dhoot, Director, Videocon, the assembly unit will come up at its existing facility at the IT Township of Salt Lake, on the north eastern part of the city.
Another Rs 100 crore, sources said, will be spent in ramping up its Phulbari facility in Jalpaiguri district. The facility located in north Bengal caters to computer peripherals and assembly of devices.
According to sources, around Rs 25 crore has already been invested in the facility. The remaining amount will be spent towards expanding the facility and include manufacturing of mobile accessories and peripherals like batteries and chargers.