Generic selectors
Exact matches only
Search in title
Search in content
Post Type Selectors
post

Lemon Mobiles is investing Rs 150 crores in new mfg facility

- Advertisement -

Lemon Mobiles is set to invest Rs 150 crores in setting up a new manufacturing facility for mobile phones and LED televisions.

Lemon Mobiles, investment, Noida plant, smartphones, LED TV, India
Image for representational purpose only

ET Telecom reported that the Noida based production unit is expected to become operational by 2020. And would be equipped to produce 1 million mobile handsets every month.

The firm also aims a turnover of Rs 1,000 crore in the next three years, and informed that it would also company come up with an R&D and testing lab in Shenzhen, China to design the next-generation mobile handsets.

- Advertisement -

Kapil Chugh, Chairman & Managing Director, Lemon Electronics Limited informed the English daily that the new manufacturing unit and R&D facility bring a significant potential for the brand to bounce back and continue its commitment towards product innovation and customer satisfaction. 70 percent of our revenue will come from mobile phone segment and we expect 30 percent contribution from LED TV business, he added.

Lemon Electronics already has a manufacturing unit for mobile phones in Greater Noida with a monthly production capacity of 6 lakh units. Chugh notified that the company has 450 distributors at present and plans to double it by FY 2019 to reach out to 50,000 retail counters.

Another source from the organisation has informed ET that their new expansion plans are centred on their commitment to adopting new technologies, empowering customers and delivering what market demands.

- Advertisement -

Most Popular Articles

Tesla Optimus Robot

Tesla’s Latest Optimus Humanoid Robot Yet To Be Fully Autonomous

0
When a guest surprisingly asked whether the robot was remote-controlled, it replied that a human had assisted it and had yet to be fully...

Atul Greentech And Jio Platforms Enhance E-Mobility Solutions

0
Atul Greentech is partnering with Jio Platforms to incorporate IoT mobility technology, enhancing electric vehicle solutions in South America, the European Union, Eastern Africa,...
China Electronic Market

Lebanon To Increase Imports Of Electronic Products From China

0
Lebanon largely imports electronics, electric appliances, shoes, clothes, and office and home furniture from China. Citing safety reasons, the Middle Eastern country Lebanon, after being...

SIAM President: Phase Out EV Subsidies At 20% Penetration

0
SIAM President Shailesh Chandra's remarks align with expectations that the government will discontinue demand incentives for buying electric two-wheelers and three-wheelers starting from the...

September EV Sales Up 30.5%, Boosted By China And Europe Recovery

0
Chinese automakers are aiming to expand their market share in the EU, facing import tariffs as high as 45% and a global decline in...
Nikhil Kurele, Co-founder, Noccarc

“We Stand Out As The Only Ventilator Company Globally, With An OTA Feature For...

0
Initially specialising in solar panel cleaning robots, Noccarc pivoted to ventilators during the COVID-19 pandemic. Co-founder Nikhil Kurele explained to EFY’s Yashasvini Razdan how...
Markus Schupfner, Managing Director & CEO, Qorix

“We Are Aiming To Navigate Middleware Challenges, Powering The Shift To Software-Defined Vehicles” –...

0
Markus Schupfner of Qorix, speaks with EFY’s Nitisha Dubey about the company’s middleware solutions for software-defined vehicles and modern electrical/electronic (E/E) architectures. He also...
Rohan Singh Bais, Founder and CEO, zipbolt

“Our AI-Driven Leasing Model Maximising Battery Recycling Process With 99% Purity” – Rohan Singh...

0
In a conversation with Nitisha Dubey from EFY, Rohan Singh Bais from Zipbolt reveals innovative battery recycling process. By leasing lithium-ion batteries and harnessing...
Dileep Jain CEO, Rajguru Electronics

Why Did Rajguru Electronics, A Leading Distributor Of Components And Development Boards, Enter Manufacturing?

0
After nearly three decades in distribution, Rajguru Electronics pivoted to manufacturing, setting up a unit for its ADIY subsidiary in Bengaluru. EFY’s Yashasvini Razdan...
Minushri Madhumita, Co-Founder of ThinkRaw India

“We Are Enhancing Aquaculture and Agriculture Efficiency With Our Solar Powered Innovations” – Minushri...

0
In a conversation with EFY’s Nitisha, Minushri Madhumita, Co-Founder of ThinkRaw India, discusses the company's solar initiatives aimed at revolutionising the agricultural sector. Q. Can...

Electric Dreams Of Startups Powering India’s Move To A Decarbonised Future

0
India’s e-mobility startups are spearheading a decarbonised future, innovating EV technology to curb environmental impact and cut fossil fuel reliance. Their efforts are key...

Think Raw India’s Solar Solutions for the Agricultural Sector

0
ThinkRaw’s blend of technology and tradition is revolutionising agriculture with solar-powered solutions that enhance efficiency and sustainability in farming and aquaculture. established in 2016 by...

Starya Mobility: Shifting Gears From Developing Motors Towards Retrofitting

0
Starya Mobility, a Bengaluru-based startup, evolved from developing EV components to retrofitting scooters, is adapting to India’s dynamic electric vehicle market. Starya Mobility, established in...

Dhruv Vidyut’s Retrofit Kit Converts Normal Vehicle Into EV

0
Innovation begins with simple ideas. Curious how a basic bicycle can become an electric vehicle? Dhruv Vidyut’s retrofit kit is quietly leading this transformation. The...
Minushri Madhumita, Co-Founder of ThinkRaw India

“We Are Enhancing Aquaculture and Agriculture Efficiency With Our Solar Powered Innovations” – Minushri...

0
In a conversation with EFY’s Nitisha, Minushri Madhumita, Co-Founder of ThinkRaw India, discusses the company's solar initiatives aimed at revolutionising the agricultural sector. Q. Can...

Industry's Buzz

Tesla Optimus Robot

Tesla’s Latest Optimus Humanoid Robot Yet To Be Fully Autonomous

0
When a guest surprisingly asked whether the robot was remote-controlled, it replied that a human had assisted it and had yet to be fully...

Atul Greentech And Jio Platforms Enhance E-Mobility Solutions

0
Atul Greentech is partnering with Jio Platforms to incorporate IoT mobility technology, enhancing electric vehicle solutions in South America, the European Union, Eastern Africa,...
China Electronic Market

Lebanon To Increase Imports Of Electronic Products From China

0
Lebanon largely imports electronics, electric appliances, shoes, clothes, and office and home furniture from China. Citing safety reasons, the Middle Eastern country Lebanon, after being...

SIAM President: Phase Out EV Subsidies At 20% Penetration

0
SIAM President Shailesh Chandra's remarks align with expectations that the government will discontinue demand incentives for buying electric two-wheelers and three-wheelers starting from the...

September EV Sales Up 30.5%, Boosted By China And Europe Recovery

0
Chinese automakers are aiming to expand their market share in the EU, facing import tariffs as high as 45% and a global decline in...

Learn From Leaders

Nikhil Kurele, Co-founder, Noccarc

“We Stand Out As The Only Ventilator Company Globally, With An OTA Feature For...

0
Initially specialising in solar panel cleaning robots, Noccarc pivoted to ventilators during the COVID-19 pandemic. Co-founder Nikhil Kurele explained to EFY’s Yashasvini Razdan how...
Markus Schupfner, Managing Director & CEO, Qorix

“We Are Aiming To Navigate Middleware Challenges, Powering The Shift To Software-Defined Vehicles” –...

0
Markus Schupfner of Qorix, speaks with EFY’s Nitisha Dubey about the company’s middleware solutions for software-defined vehicles and modern electrical/electronic (E/E) architectures. He also...
Rohan Singh Bais, Founder and CEO, zipbolt

“Our AI-Driven Leasing Model Maximising Battery Recycling Process With 99% Purity” – Rohan Singh...

0
In a conversation with Nitisha Dubey from EFY, Rohan Singh Bais from Zipbolt reveals innovative battery recycling process. By leasing lithium-ion batteries and harnessing...
Dileep Jain CEO, Rajguru Electronics

Why Did Rajguru Electronics, A Leading Distributor Of Components And Development Boards, Enter Manufacturing?

0
After nearly three decades in distribution, Rajguru Electronics pivoted to manufacturing, setting up a unit for its ADIY subsidiary in Bengaluru. EFY’s Yashasvini Razdan...
Minushri Madhumita, Co-Founder of ThinkRaw India

“We Are Enhancing Aquaculture and Agriculture Efficiency With Our Solar Powered Innovations” – Minushri...

0
In a conversation with EFY’s Nitisha, Minushri Madhumita, Co-Founder of ThinkRaw India, discusses the company's solar initiatives aimed at revolutionising the agricultural sector. Q. Can...

Startups

Electric Dreams Of Startups Powering India’s Move To A Decarbonised Future

0
India’s e-mobility startups are spearheading a decarbonised future, innovating EV technology to curb environmental impact and cut fossil fuel reliance. Their efforts are key...

Think Raw India’s Solar Solutions for the Agricultural Sector

0
ThinkRaw’s blend of technology and tradition is revolutionising agriculture with solar-powered solutions that enhance efficiency and sustainability in farming and aquaculture. established in 2016 by...

Starya Mobility: Shifting Gears From Developing Motors Towards Retrofitting

0
Starya Mobility, a Bengaluru-based startup, evolved from developing EV components to retrofitting scooters, is adapting to India’s dynamic electric vehicle market. Starya Mobility, established in...

Dhruv Vidyut’s Retrofit Kit Converts Normal Vehicle Into EV

0
Innovation begins with simple ideas. Curious how a basic bicycle can become an electric vehicle? Dhruv Vidyut’s retrofit kit is quietly leading this transformation. The...
Minushri Madhumita, Co-Founder of ThinkRaw India

“We Are Enhancing Aquaculture and Agriculture Efficiency With Our Solar Powered Innovations” – Minushri...

0
In a conversation with EFY’s Nitisha, Minushri Madhumita, Co-Founder of ThinkRaw India, discusses the company's solar initiatives aimed at revolutionising the agricultural sector. Q. Can...