Mivi launches a new Rs 200 crore facility in Hyderabad to produce 100,000 audio units daily, create 2,000 jobs, and introduce component manufacturing for wearables.
Home-grown audio electronics manufacturer Mivi has launched its second manufacturing facility in Hyderabad, Telangana, with a Rs 200 crore investment. The facility will create 2,000 jobs and include component manufacturing for wearables, currently non-existent in India. The new factory, fitted with cutting-edge technologies, aims to produce 100,000 units of audio products daily, including earphones, soundbars, speakers, and gaming accessories.
April 05, 2024
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