As part of its expansion plans in India, Chinese handset manufacturer Xiaomi has announced the setting up of its second manufacturing unit at Sri City, Andhra Pradesh. The plant is being set up in association with Taiwanese contract manufacturing giant, Foxconn. Xiaomi, which forayed into India in July 2014, said […]

AC major Blue Star Ltd was originally planning to set up two greenfield manufacturing plants in Jammu and Andhra Pradesh with an outlay of Rs. 300 crore (Rs 150 crore each). However now, it seems the air-conditioning products and solutions provider would drop the Jammu project and would go ahead […]

Intex Technologies is betting big on consumer durable business, as the company is planning to invest Rs 200 crore to produce air-conditioners from manufacturing facility in Uttar Pradesh. An established player in the affordable mobile segment, the firm is now eyeing to make inroads into ACs, washing machines and LED […]

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