11 April 2024 – The renowned unicorn Zetwerk has announced a significant investment of Rs 1,000 crore in an effort to increase its market share in the electronics manufacturing industry. With the help of this investment, the company hopes to increase its capacity to produce a wide range of electronic goods, such as wearables, televisions, mobile phones, IT hardware, and wearables.
As part of its ambitious strategy, the company plans to expand its Noida facility in Uttar Pradesh from 16 assembly lines to an astonishing 60 assembly lines distributed over six manufacturing sites. This expansion will include PCB assembly and surface-mount technology lines to meet the growing market demand.
The fabrication of motherboards, desktop PC power supplies, and other electronic components for significant international companies and original equipment manufacturers will be the focus of this facility.
Conclusion
Our goal with this large capacity increase is to become Viksit Bharat’s “teen powerhouse.” In addition to its current undertakings, Zetwerk has expanded into the television and display devices industry by setting up one of the biggest TV manufacturing facilities in North India. With a yearly production capacity of 24 lakh units, this plant serves both domestic and foreign brands.
